CHRISTIE’S SANDY SPENDING PLAN INCLUDES $300M IN SMALL-BUSINESS GRANTS
By Jared Kaltwasser/NJBIZ
March 12, 2013
Small businesses hurt by Hurricane Sandy will be eligible for a share of up to $300 million in grants, according to Gov. Chris Christie’s newly released spending plan for the first installment of federal recovery aid.
The first wave totals $1.8 billion in Community Development Block Grant recovery funding from the U.S. Department of Housing and Urban Development. The full plan can be viewed on the New Jersey Department of Community Affairs’ website, at www.nj.gov/dca. Christie’s office said more money is expected in the coming months.