Cuomo, Legislature to create $100M fund for Sandy

ALBANY, N.Y. - (AP) - Gov. Andrew Cuomo and legislative leaders are creating a $100 million fund to help people hit hardest by superstorm Sandy rebuild their homes and lives. Cuomo says the fund will be replenished as necessary. The announcement Friday comes even though the state faces a $1 billion deficit. Assembly Speaker Sheldon Silver and Senate Majority Leader Dean Skelos have agreed to approve the spending. The tally of storm damage is expected run into billions of dollars for families and businesses. Private insurance will cover some of that cost, but not all of it.

advertisement | advertise on News 12

Trending Video

Senior Samuel Langshteyn received a cochlear implant when 1 Best of Brooklyn: Hearing-impaired student performs in play
2 Rangers riding 3-game winning steak into 2nd round of playoffs
News 12 Brooklyn hit the streets to ask 3 Word on the Street: GPS devices
Funeral today for FDNY firefighter William Tolley from 4 Funeral set for FDNY firefighter killed in the line of duty
VIDEO: News conference on annual Denim Day 5 VIDEO: News conference on annual Denim Day

advertisement | advertise on News 12

Features

Sorry to interrupt...

Your first 5 are free

Access to News12 is free for Optimum, Comcast®, Time Warner® and Service Electric℠ video customers.

Please enjoy 5 complimentary views to articles, photos, and videos during the next 30 days.

LOGIN SUBSCRIBE