$40M Storm Recovery Loan Fund Launched

January 24, 2013
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Mayor Bloomberg, the city’s Department of Housing Preservation and Development (HPD), Community Preservation Corporation (CPC), and Housing Development Corporation (HDC), together with Citi Community Capital, recently launched the Storm Recovery Loan Fund, a pilot program to provide up to $40 million in low-cost loans to fund the repair of multifamily buildings damaged by Hurricane Sandy.       

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