Sandy Money Mystery - My9 New Jersey

Sandy Money Mystery

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New Brunswick, New Jersey (My9NJ) - It seems like some Sandy relief money is not being used as it should to rebuild homes in some of the hardest hit areas across New Jersey. You see, plenty of cash is in the state, but it’s just not going to those calling for help with Hurricane Sandy relief money.

Nearly $5 million dollars of Sandy Relief funds will be going towards building a sixteen story high-rise in New Brunswick, New Jersey. The money comes from a fund for multi-building housing, but who is in charge of prioritizing the relief money? According to a Rutgers report, New Brunswick is ranked the 188th hardest hit town in New Jersey, leaving it practically unscathed by the superstorm.

It seems like taxpayers will be paying the bulk of this construction, if not all of it, and local journalist, Charlie Kratovil thinks it’s a travesty.

“All of us taxpayers of New Jersey are paying for the building. It’s a situation where we have a very powerful, very politically connected developer. The building is going to be built no matter what. It was approved eight months before Sandy even hit,” Kratovil explained.

Not only is $4.8 million in funds going to this project alone rather than refurbishing people’s homes, but more money than the total cost is being disbursed in public dollars.

“So that’s $60.5 million in a multi-family conduit bond program, that’s a loan, and $5.8 million in income housing tax credits,” Kratovil said.

This money was also allotted to Alaskan fisheries and development projects to restore the roof at the Smithsonian which wasn’t even affected by Sandy. There are many areas that still require assistance in recovering from the tremendous damages that were left. Kratovil just feels like New Brunswick did not have the same difficulties as other towns and therefore isn’t necessarily worthy of this money.

“We had down power lines, we had trees fall down and we had problems with the water system. We didn’t have a problem with not enough luxury apartments because of Sandy,” he said.


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