Storm Recovery: Housing Recovery

Great Essays
INTRODUCTION
The Storm
Municipal governments ranging from the national level to the local all share the common goal of wanting to help provide their citizens with a good, stable, and safe life. The notion of the American Dream entices new citizens to come to the United States and acts as the anchor keeping current citizens in place. Throughout history great states like New York, attracted millions of immigrants seeking to build a new life. As the population swelled in the United States, urbanization became a classic trend. Like many in other nations a majority of Americans chose urban over rural in terms of development.
Geographically, many of America’s most populated and developed urban conurbations sit on the Atlantic, Pacific, and Gulf coasts
…show more content…
The Storm Recovery program focuses on four main areas: housing recovery, small business, community reconstruction, and infrastructure. The program is a collaboration between the government and the communities to help rebuilding the entire communities, including homeowners and small businesses (GOSR, …show more content…
GOSR runs a Housing Recovery program to help storm-affected homeowners by help on home repairs, rehabilitation, mitigation, and elevation of single family home, multi-family rental properties, and individual owners of co-ops and condos, as well as owners’ associations. Besides giving advantage to property owners, the program will also provide fundamental and affordable housing resources for New Yorkers in need. This program also manages hundreds of millions of dollars buyout and acquisition initiative, which has offered to purchase the homes of interested homeowners. In February 2014, the state government distributed the funding through the Interim Mortgage Assistance (IMA) program (GOSR, n.d.).
Small Business. To help independently-owned and operated small businesses that suffered loss from the storm, GOSR also operates a Small Business program that provides grants, as well as low-interest loans. This program helps them to repair or even replace equipment or inventory, renovate facilities that were damaged/destroyed, or provide working capital needed. Also, the state government offers free mentoring services through Business Mentor New York initiative to boost the recovery and rebuilding process (GOSR,

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