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U.S. Rules Bar Aid to Co-ops Hit by Sandy

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Tue, 2014-02-11 21:52 — Kathy Gilbeaux

      

Stephen Elbaz revealed mold behind the wall vinyl at a Brooklyn co-op.   Uli Seit for The New York Times

nytimes.com - by Mireya Navarro - May 1, 2013

Since the hurricane, thousands of homeowners have been startled to discover that co-ops are largely barred from federal disaster assistance. The rules have stirred growing criticism from members of Congress from the region, who contend that the system fails to take into account how people live in New York City, where co-ops have flourished.

The lawmakers are calling for the rules to be changed, saying that as severe weather becomes more common, the region will be increasingly shortchanged in disaster aid.

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Country / Region Tags: 
United States
US - NorthEast
General Topic Tags: 
Housing / Shelter
Problem, Solution, SitRep, or ?: 
Problem
Situation Report
Groups this Group Post belongs to: 
Housing - NY

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Tue, 2014-02-11 22:12 — Kathy Gilbeaux

habitatmag.com - by Frank Lovece

Aug. 2, 2013 — A bill introduced in Congress Wednesday by New York Rep. Steve Israel (D - 3rd District) would make housing cooperatives and condominium associations eligible for Federal Emergency Management Agency grants.

Co-op shareholders and condo unit-owners themselves already are eligible for such funds, with many such homeowners after superstorm Sandy having received up to $31,900 each for emergency housing not covered by insurance. Homeowner associations, however, cannot apply for FEMA grants, which co-op and condo boards say are needed to repair common areas as well as such physical-plant necessities as boilers.

(READ COMPLETE ARTICLE)

CLICK HERE TO TRACK ACTIONS TAKEN ON THIS BILL (H.R. 2887)

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