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May 6, 2013

Grimm sounds the alarm on Sandy-aid policy that might hurt Staten Islanders

STATEN ISLAND, N.Y. -- Borough residents who turned down Small Business Administration loans because they didn't want to go deeply into debt to fix their storm-battered homes and businesses may get less federal grant money because of that choice, according to Rep. Michael Grimm.

In a letter dated this Monday, Grimm (R-Staten Island/Brooklyn) is asking Housing and Urban Development Secretary Shaun Donovan -- who chairs President Obama's Hurricane Sandy Rebuilding Task Force -- to waive a federal policy he says punishes "people who played by the rules and maintained good credit."

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http://www.silive.com/news/index.ssf/2013/05/post_504.html