In October 2012, Hurricane Sandy rampaged through the East Coast, bringing 80-mile-an-hour winds that destroyed homes, downed trees and left more than 5 million people in the mid-Atlantic region without power. The total damage was estimated to be $75 billion – one of the costliest natural disasters ever faced in the United States.
In the three years since, the federal government has invested roughly $15.5 billion in post-Sandy recovery efforts, including direct assistance to disaster survivors and more than $13 billion to state, local and tribal governments. But unlike prior disaster recovery efforts… click here to read more.