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N.Y.U. Langone receives $1.13B from FEMA
Dan Goldberg
N.Y.U. Langone Medical Center will receive $1.13 billion in Federal Emergency Management Agency assistance to help it recover from damage caused by Hurricane Sandy, according to a press release from Senator Chuck Schumer's office. The hospital's recovery is one of several FEMA projects the senator said he is working to expedite.
It is the second-largest award ever given for a single project, surpassed only by FEMA's $1.7 billion award for the Recovery School District after Hurricane Katrina.
N.Y.U. will receive the money in a lump sum, a break from past practice where money came in fits and starts as receipts were submitted.
Of the total, $540 million will be used for repairs and $589 million will go toward mitigation projects aimed at protecting against future storms.
http://www.capitalnewyork.com/article/city-hall/2014/07/8549892/nyu-langone-receives-113b-fema
