Hurricane Sandy

1. Hurricane Sandy New York’s Path to Housing Recovery

2. Impact of Hurricane Sandy on Housing Estimated $1.65 Billion in housing damages as a result of Hurricane Sandy • Flooding was the major cause of damage to New York residential properties, in addition to business properties, hospitals, and City and State-owned infrastructure • 8,511,251 customers lost power, including 2,097,933 in New York City alone • 34,610 homes in New York City and on Long Island are still too damaged to have the power turned back on • 13 Counties have been designated as disaster areas and are eligible for FEMA Individual Assistance (IA): Bronx, Kings, Nassau, New York, Orange, Putnam, Richmond, Rockland, Queens, Suffolk, Sullivan, Ulster and Westchester Data as of 11/14/12

3. NYS Areas Affected FEMA IA Designated Counties Aerial Flood Maps by County

4. NYS FEMA IA Designated Counties

9. NYS Homes affected Individual Homes Affected Types of Damage to Homes Real Property Damage Estimates

10. Individual Homes Affected Data as of 11/14/12

11. FEMA Registration and Funds Approved To Date • 192,064; Total FEMA IHP registrations in 13 designated counties • 66% of the FEMA registrants for IHP HA have met FEMA’s eligibility requirements • 59,050 homes have been approved for a total of $373,540,963.62 in HA • 1213 inspectors in the field • 105,118 home inspections have been issued by FEMA; 57,196 completed. • IHP Max Awards ($31,900) Approved: 1,324 for total of $42,236,800 Data as of 11/14/12

12. Available Private and Federal aid for HOMEOWNERS Private Insurance Small Business Administration (SBA) Disaster Loans Federal Emergency Management Agency (FEMA)

13. Available Aid for Homeowners Private Insurance: • Home repair or replacement • Personal property loss, including cars • Additional living expenses (loss of use/ temporary housing) Note: Conventional Homeowner’s policies do not cover flood damage Federal Aid: • SBA Disaster Loans - Homeowners: up to $200,000 for home repairs or replacement; Homeowners and renters: up to $40,000 to replace personal property • FEMA Individuals and Households Program (IHP) - provides financial help or direct services as follows: • Housing Assistance (HA) (including Temporary Housing, Repair, Replacement, and Semi‐Permanent or Permanent Housing Construction) • Other Needs Assistance (ONA) (including personal property and other items) • FEMA Sheltering and Temporary Essential Power (STEP) Program - emergency assistance to homeowners for contractors to perform basic repairs so residents can return to and remain in their homes while long-term repairs are in progress

14. Available State Aid for homeowners $100 Million NYS Homeowner Repair and Rebuilding Fund (NYS HRRF) Empire State Relief Fund (ESRF)

15. GOVERNOR CUOMO’S DISASTER HOMEOWNERSHIP REPAIR AND REBUILDING FUND • $100 million in dedicated fund to assist eligible homeowners whose primary place of residence was significantly damaged or destroyed by Hurricane Sandy • Homeowners who have already qualified for FEMA housing assistance grants can now also obtain up to an additional $10,000 to fill unmet need for the repair or rebuilding of primary residences, only after private insurance and FEMA IHP assistance is exhausted • Will be awarded as grants, not loans, and will NOT need to be repaid • Open to homeowners in the five boroughs of New York City and the counties of Nassau, Orange, Putnam, Rockland, Suffolk, Sullivan, Ulster and Westchester • Renters and second-home owners are not eligible for assistance

16. Empire State Relief Fund • Intended to help residents repair and return to homes damaged or destroyed in the wake of Hurricane Sandy • 100% of donations to programs to be developed in conjunction with New York State • Directed at costs associated with providing long-term housing and rebuilding homes • A 501(c)(3) public charity -- all donations will be tax-deductible and does not retain an administrative fee