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The Lakewood Times

Over $24 Million In Sandy Grants Awarded In Our Area

6/12/2013

1 Comment

 
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Grants have been awarded to Ocean County, Toms River, Sea Bright and Atlantic City, because they lost significant revenue and are experiencing budget problems because of superstorm Sandy, according to a news release from the state.

The largest grant will go to Toms River, which will receive $15,510,417, followed by Atlantic City, which will get $7,497,707. Ocean County will receive a $7,288,937 grant, and Sea Bright is expected to get $937,926.

The Christie Administration Wednesday said those bodies are the recipients of the first round of Essential Services Grants, which are funded through Community Development Block Grant Disaster Recovery money from the federal Department of Housing and Urban Development.

The state Department of Community Affairs is administering the distribution of the grant money.

The grant money will help ensure that essential services continue while communities rebuild, the news release said.

“We recognize that some local governments hit hard by Sandy have been financially impacted by the storm. As a result, they are having difficulties providing public safety, public works and education and other basic services that are critical to their residents,” Gov. Chris Christie said in a prepared statement. “These Essential Services Grants will help local officials maintain basic services in their communities as the rebuilding process continues.”
1 Comment
yudel
6/12/2013 09:47:46 pm

Because of the Reassessments of the affected areas, the Lakewood Township taxpayers (not BMG EXEMPTS & affiliates) will have a larger County tax bite to cover the County shortfall.

Perhaps BMG's 10 million grant can be used to alleviate the tax burden of the Lakewood taxpayer.

Can BMG pay their fare share of taxes on the Apartment rentals? It's a Million dollars a year.

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