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Silver Welcomes LMDC Plan to Aid Lower Manhattan Residents, Criticizes Important Omissions |
A $220 million federal Department of Housing and Urban Development (HUD) assistance plan for current and prospective residents of Lower Manhattan is a good start but does not address other vital issues affecting the stabilization and revitalization of downtown communities, Assembly Speaker Sheldon Silver said today. "I am gratified that Congress has specifically recognized the needs of residential communities in Lower Manhattan, and I am pleased that the Lower Manhattan Development Corporation (LMDC) has made stabilizing and revitalizing these areas a priority," Silver said. "The 65,000 residents of downtown deserve every assurance that their neighborhoods will not bear the brunt of a despicable terrorist attack that was aimed at all Americans. "I am also pleased at the LMDC board's willingness to discuss these issues with me, and I believe this constructive approach has already led to improvements in this plan," Silver added. "Placing a critical emphasis on residential stabilization as part of their plan makes an important statement in our country's war on terrorism." Silver called for the following changes in the LMDC plan:
"Funding must be made available now through the BPCA and the LMDC assistance plan to settle the rent strikes that continue at Battery Park City," Silver said. "We have the means to address this problem and we must not allow it to fester any longer - these residents have suffered enough." The assistance plan is expected to be approved by the LMDC at a board meeting tomorrow. It earmarks $220 million in HUD funds for grants to current or new residents of Lower Manhattan to pay a portion of rent or mortgage payments. Under the proposed plan, those residents closest to ground zero - Broadway and west, Chambers Street and south - would be eligible for assistance grants of up to $12,000 over two years. Those who live south of Canal and Rutgers Streets but outside the "immediate impact zone" would be eligible for up to $6,000 over two years. Any resident who resided in either area on 9/11 would also receive a one-time "bonus" payment of $1,000. The LMDC plan is subject to final approval by HUD, upon completion of a 30-day public comment period. |
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