NYC-WTC_000136450
Immediate Initiatives
Damage Assistance for Businesses
Uninsured Physical
Objective:
To support small businesse
Description:
s which have sustained uninsured physical damages.
City of New York
The program will provide direct assistance for firms which have uninsured physical damages. Assistance will cover the first $10,000 of uninsured losses
and 10% of the amount thereaft
Eligibility:
er, up to a maximum amount of $100,000 per firm.
Eligibility will be limited to small businesses that have suffered physical damage or are located in the "frozen zone”, near the World Trade Center.
Cost:
We estimate that up to 1,000 bu
sinesses will be eligible for this benefit and that the maximum cost of this program is $50 million.
NYC 9/11 Public Portal Document
OCR can misread numbers and units. Confirm readings against the page image before using them.
NYC-WTC_000136450Source: NYC Law Department, mirrored locally
Comprehensive FAQ addressing downtown building access, reopening areas, property manager contact procedures, and building damage status in lower Manhattan.
Description of a $700 million state-funded economic recovery program for businesses affected by the World Trade Center disaster, targeting four categories of eligible businesses.