NYC Exceeds Modest Sandy Recovery Goal

NEW YORK (AP) -

New York City exceeded its modest post-Sandy housing recovery goal, reimbursing 500 homeowners and starting construction on 500 homes by Labor Day, said the director of Mayor Bill de Blasio’s Office of Housing Recovery.

Amy Peterson said the administration expects to begin construction on at least 50 homes a week going forward.

Momentum picked up after de Blasio rebooted the Build It Back program this spring. It was created in June 2013, but as of Jan. 1, no households had complete plans for the work.

De Blasio announced the 500-homes goal in April. He eliminated income categories that had held up some applications, assigned city Buildings Department inspectors exclusively to the initiative and made other changes.