Report Knocks New York City’s Slow Spending of Superstorm Sandy Money

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Report Knocks New York City’s Slow Spending of Superstorm Sandy Money
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New York City's coastline is still vulnerable to storms because officials haven't spent billions of dollars in federal aid received after superstorm Sandy, according to a report

New York City hasn’t spent the billions in federal aid it received for superstorm Sandy recovery fast enough, leaving the city’s coastline vulnerable to future storms, according to a city comptroller report released Thursday.

The city received nearly $15 billion in federal recovery aid in the months after the October 2012 storm. That includes $10.5 billion in grants from the Federal Emergency Management Agency and $4.2 billion in Department of Housing and Urban Development grants.

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