$171-million Allocated To Help Sandy Victims Relocate

NEW YORK(CBSNewYork) — Governor Andrew Cuomo has offered some New York residents who were affected by Sandy money to relocate.

The state has allocated $171-million for homeowners who are willing to sell their homes as concerns over climate change have prompted fears that more extreme weather could be on the way.

Ten-thousand homes in New York were damaged or destroyed by Sandy, but the Cuomo administration estimates that only ten to fifteen-percent of them will pursue buyouts.

While most residents appeared ready to rebuild their homes and stay put, a number of residents in storm battered Staten Island communities told 1010 WINS reporter Gary Baumgarten that they would be interested in relocating.

“I think it’s great if it happens, I mean I’m down here 39-years, and we do get water. But that was more than water,” said one Oakwood Beach resident.

Payments would be capped at $729,750 for a single family home.

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