Long-term recovery groups gear up to plug funding gaps for Sandy victims
Erin O'Neill | The Star-Ledger
County-based organizations are weaving together a safety net to help storm victims who have exhausted their financial options yet still find themselves short on what they need to recover from Hurricane Sandy.
The long-term recovery committees established in New Jersey at the recommendation of the Federal Emergency Management Agency aim to plug the holes in funding not filled by insurance settlements, federal grants and other resources. Once the size of those gaps are clear, the recovery groups — funded, in part, with money from the Hurricane Sandy New Jersey Relief Fund — hope to fill them.
“We really want to be the back-end funders, so to speak,” said Ted Gooding, chairman of the Ocean County Long Term Recovery Committee. “If you have $70,000 in damage and you got $65,000 from your insurance, we’d like to be the guy who comes in and gives you the other $5,000.”
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