Sen. Charles Schumer appealed to the U.S. Department of Housing and Urban Development Wednesday to ensure that Sandy-damaged co-ops and condos receive a piece of the $60 billion federal storm relief package, the New York Daily News reported. As it stands, co-ops and condos cannot receive FEMA grants, but are instead eligible for low-interest loans to make repairs. In a statement Wednesday, Schumer said that “condos and co-ops should be eligible for the same assistance [more]
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