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New York Governor Requests $41 Billion in Federal Aid to Respond to Sandy

New York Gov. Andrew Cuomo and the state's congressional delegation agreed on a US$41 billion request for federal aid for Hurricane Sandy recovery and supplemental aid for New York State, including Mayor Michael Bloomberg's $9.8 billion request for recovery money for the five boroughs.

Cuomo said $32 billion is needed to help restore what was lost in the storm and another $9 billion is needed to help prevent and lessen the impact from future storms. Between recovery and supplemental aid, New York City is asking for $15 billion. The governor stressed that given the density and volume of damages, Sandy was “more impactful” than Hurricane Katrina was in 2005. He said statewide, 265,000 private businesses were affected, 2 million residents were left without power, 300,000 homes received damage and 2,000 miles (3,219 km) of roads were damaged.

Mayor Bloomberg requested $9.8 billion in federal aid to help the city fix recent storm damage. He estimates city losses at $19 billion, including $4.5 billion in damages to city agencies, $5.7 billion in lost business and $4.7 billion in uninsured private losses. The mayor said private insurance is expected to cover $3.8 billion in losses, and the Federal Emergency Management Agency (FEMA) is expected to help with another $5.4 billion.

Cuomo is also working with other tri-state leaders to bring aid to the region. So far, FEMA officials have approved more than $650 million in federal aid for New York victims and say about 230,000 New Yorkers have requested assistance.

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