DEP referral form regarding cleaning services and asbestos, Jul 2002

NYC 9/11 Public Portal Document • . .' By ERIC : HERMAN, PAUL H.B. SHIN and GREG GITTRICH DALLY NEWS STAFF WRITERS : Pssst. Have we got a real estate deal for you. Anyone living near the World Trade Center site - or anyone about to move there — will be eligible to share $220 million in federal aid to be used for rent, maintenance or mortgage payments, sources told the Daily News. The cash assistance, designed to pay up to 30% of rent or mort- tery Park City, as the "immedi- gage bills for the next two years ate impact zone," sources said. in the troubled area, will be People in the zone will be eligi- doled out by the state city agen- ble to receive 30% of their rent cy overseeing the rebuilding of or mortgage payments for the lower Manhattan, sources said. next two years, up to $12,000 The top grant is capped. at but no less than $4,000. $12,000 over two years; the pay- Those who live outside that ment forinula is based on how zone but south of Canal St. also clase you live to Ground Zero. will be eligible to receive 30% ol To qualify, applicants must their rent or mortgage payments agree to stay in the area for two ..for the next two years. Their yeats, sources said. grant will be between $2,000 Unveiling details and $6,000. Details of the application pro- .An official announcement is cess were unclear yesterday. expected today, but Madelyn The plan is subject to final.ap- Wils, a Lower Manhattan Devel: proval by the federal Depart- opment Corp.: board member, ment of Housing and Urban De- confirmed that the money will velopment after a public com- be distributed through grants - ment period. not loans or tax relief. Taken from $2B pot "] couldn't be more delight- ed," said Julie Menin, president •Sen. Chuck Schumer (D-N.Y.) said the money will come from of Wall Street Rising, a coalition of investment banks, law firms, $2 billion in federal aid received by the Lower Manhattan Devel- real éstate companies and peo- opment Corp. in December. An ple who live in the disaster area. additional $300 million in grants "This is vital to keep residents will be distributed by the agency downtown and attract more peo- to help small businesses and ple." nonprofits around the Trade Since Sept. 11, thousands of people who live near Ground Ze- ro have moved away. Those who $700 million in federal aid ap remain suffer from crippled - proved by the Bush administra- mass transit, environmental wor- tion this month to help small ries and cordoned-off streets businesses and create jobs around the disaster site. downtown.. Anyone who lived in Manhat- In addition, the Red Cross, the tan south of Canal St. on Sept. Sept. 11 Fund and the Salvation 11 will be eligible for a one time Army have handed out about bonus payment of $1,000. $250 million to more than Sources said the size of the 50,000 businesses and displaced grants will vary depending on - workers in the area. where the applicants live and Assembly Speaker Sheldor the size of their rent or mort- Silver (D-Manhattan) said the gage payments. Those living grants were "a good start," but closer to Ground Zero will be eli- weren't enough. Silver, who has gible fer more money. often criticized the largely Gov: The Lower Manhattan Devel- Pataki-appointed development opment Corp. has defined the ar-. corporation; called for the grant ea south of Chambers St. and caps to be raised and the eligibil. west of Broadway, including Bat- ity zone to be expanded. NYC-WTC_000147195 Daily News 2/21/02 Fed Grants for people living near Me WTC Lower Mankattan Redvelopment Corp, (212) 225-3508 Web sites www.nylovesbiz.com 1