World Trade Center 9/11 Rebuilding Plan

HUD has provided New York $3.483 billion in Community Development Block Grant (CDBG) funding in response to the 9/11 attacks. The funds are to be administered by the Empire State Development Corporation (ESDC) and its subsidiary the Lower Manhattan Development Corporation (LMDC).

The current status of funding is as follows:

• $700 million for ESDC - for business retention / attraction and economic loss compensation
• $350 million for LMDC - augment above effort
• $305 million for LMDC - residential incentive program, training assistance program and administrative costs.

The balance of the CDBG funds are not yet designated.

For specifics of each program contact the appropriate agency.

• Empire State Development Corporation - WTC Disaster Assistance Programs (http://www.nylovesbiz.com/wtc/wtcintro.htm)
• Empire State Development Corporation Business Information (http://www.NYlovesbiz.com/)
• Lower Manhattan Development Corporation (http://www.renewnyc.com/)
• State of New York - WTC Emergency Information (http://www.state.ny.us/sept11/wtcframe.html)

Summary of HUD's Overall Response

• Martinez, Pataki and Bloomberg announce $50 Million Affordable Housing Initiative in Lower Manhattan
• Bush Administration approves $156 million plan to beautify parks, repair buildings and create open spaces in Lower Manhattan - post 9/11 plan will also help small businesses.
• Bush Administration announces $783 million plan to spare New York utility customers the costs of post 9-11 restoration
• HUD approves $176 million plan for deconstruction of Deutsche Bank Building, cultural programs and lower Manhattan tourism - Federal funding to help development of World Trade Center Memorial

Federal Emergency Management Agency Information (FEMA) (http://www.fema.gov)

For charity and additional relief information:

• New York State World Trade Center Relief Fund (http://www.helping.org/wtc/ny/nystate.htm)
• September 11th Fund (http://www.september11fund.org/index.php)

For related environmental information:

• New EPA Lower Manhattan Cleaning Hotline (http://www.epa.gov/region2/news/2002/02053.htm)
• EPA Response to September 11 (http://www.epa.gov/wtc/)
• Related EPA FAQs (http://www.epa.gov/wtc/questions/index.html)

Content Archived: March 07, 2011