NYC 9/11 Public Portal Document
STATE OF NEW YORK CITY OF NEW YORK
EXECUTIVE CHAMBER CITY HALL
GEORGE E. PATAKI, GOVERNOR RUDOLPH W. GIULIANI, MAYOR
Press Office Press Office
518-474-8410 646-756-6268
212-681-4640 212-312-3517
http://www.state.ny.us http://www.nyc.cov
FOR RELEASE
xxxday, XXXXX XX, 2001
MAYOR GIULIANI AND GOVERNOR PATAKI ANNOUNCE
$1 BILLION ASSISTANCE PLAN FOR
COMPANIES AFFECTED BY WTC DISASTER
Plan Includes Loans, Relocation Assistance, Reconstruction Bonds
And Tourism Promotion Assistance
Mayor Rudolph W. Giuliani and Governor George E. Pataki today
announced details of the City/State Immediate Assistance Plan. The $1 billion
comprehensive plan provides assistance for large, mid-sized and small
businesses, potential developers and the tourism industry.
"The components of this plan will accelerate the reconstruction and rebirth
of Lower Manhattan and breathe new life into the businesses and that were
affected by the horrific events of September 11," said Mayor Giuliani. "The
resistance and resilience of New Yorkers has been clearly demonstrated since
that day, and it is incumbent on the City and State to reinforce their resilience
with as comprehensive and meaningful benefits package as possible."
INSERT QUOTE FROM GOVERNOR PATAKI
Employee relocation assistance of up to $750 million is being made
available for businesses that occupied space destroyed or rendered
uninhabitable by the attack. Businesses that relocate within New York City may
be eligible to receive grants of up to $10,000 per employee over three years. The
program also provides up to $60 million in grants for businesses that suffered
uninsured physical damages. These grants will cover the first $10,000 of
uninsured losses and ten percent of losses above $10,000 up to $100,000 per
firm
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NYC-WTC 000136733
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