How to Spend Superstorm Sandy Relief Funds

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    NEWSLETTERS

    TK
    Getty Images
    The damage left by Superstorm Sandy

    The first of three hearings this week on New Jersey's plans to spend the next $1.4 billion in Superstorm Sandy relief funds will take place in Galloway Township, Atlantic County.

    Tuesday night's hearing is at Richard Stockton College of New Jersey.

    It will be followed by similar hearings Wednesday in Newark and Thursday in Middletown.

    Gov. Chris Christie's administration wants to use roughly half the money for housing programs. Of the $735 million to be spent on housing assistance programs, $450 million would go to low- or moderate-income families.

    About a third of the money would go toward fixing vulnerabilities that Sandy exposed in the state's transportation, energy and water infrastructure systems. The $535 million investment includes an “energy bank” to fund resiliency projects, and a flood hazard risk reduction program.