Christie Announces Aid To Fire-Impacted Businesses On Seaside - New York News

Christie Announces Aid To Fire-Impacted Businesses On Seaside Boardwalk

Posted: Updated:
SEASIDE PARK, N.J. -

During a meeting with several dozen small business owners, local officials and residents, Governor Chris Christie announced an initial $15 million in aid to local businesses to help them rebuild following the devastation caused to boardwalk businesses in this week's wind-swept fire in Seaside Park and Seaside Heights.

"Getting financial assistance to fire-damaged businesses is a critical step to Seaside's economic recovery, and we're acting quickly to make that happen," said Governor Christie. "The entire Seaside community has endured so much over the last year. We're going to be with them every step of the way to help them get back on their feet and let the world know that the Seaside Boardwalk is open for business."

The Board of the New Jersey Economic Development Authority (EDA,) is expected to take action at a special Board meeting on Wednesday, September 18, 2013, to extend an initial $15 million of the existing Stronger NJ Business programs offered to support recovery from Superstorm Sandy to businesses impacted by the fire.  This offer will be extended regardless of whether a business was affected by Superstorm Sandy, and depending on need, additional funds may become available.

"It was critical that we move quickly to aid the Seaside business community, which was still struggling to recover from Superstorm Sandy," said Michele Brown, CEO, NJEDA.  "Extending aid from existing CDBG funding is the most efficient, practical way to get help to the community, which has been dealt a second, terrible blow."

Small businesses previously impacted by the storm and located within the fire damaged areas will be offered either loans and/or grants to rebuild and re-open, depending on their total need. 

The EDA will initially allocate $15 million of existing CDBG-DR resources and programs to revitalize and rebuild the neighborhoods most directly affected by this fire. They include the Central business districts in both Seaside Heights and Seaside Park.

 
Ten million dollars from the Stronger NJ Business Loan program, which offers loans of up to $5 million with no interest or principal payments for two years, will be allocated for fire-impacted businesses
 
Five million dollars in funds from the Stronger NJ Neighborhood and Community Revitalization (NCR) program will be available to help the fire-affected towns with demolition and debris removal of the damaged public and privately owned structures; rebuilding of the boardwalk and related public facilities to enhance resiliency; and creation of a redevelopment plan for the revitalization of the target areas.
 
 
To speak with a business advisor about the Stronger NJ Business Programs, affected businesses should call 1-855-SANDY-BZ (1-855-726-3929) between 8:00 a.m. and 6:00 p.m. Monday through Friday, or visit www.njeda.com.

The Christie Administration initial aid plan for Seaside Park and Seaside Heights, comes just 11 months following  Superstorm Sandy, from which these hard-hit, Shore communities were still recovering.  The fire destroyed dozens of businesses, the boardwalk and other public infrastructure.

 

 

# # #

 

  • Local NewsLocal NewsMore>>

  • Mayor de Blasio, Bratton seek to improve police-community relations

    Mayor de Blasio, Bratton seek to improve police-community relations

    Monday, July 28 2014 6:30 PM EDT2014-07-28 22:30:38 GMT
    Back from vacation, Mayor Bill de Blasio is addressing the allegations of police choke holds. Standing next to his police commissioner and standing by him, de Blasio declared police community relations will improve by Bill Bratton's call for retraining of officers. The mayor did say that police choke holds are not acceptable.
    Back from vacation, Mayor Bill de Blasio is addressing the allegations of police choke holds. Standing next to his police commissioner and standing by him, de Blasio declared police community relations will improve by Bill Bratton's call for retraining of officers. The mayor did say that police choke holds are not acceptable.
  • Newark, Jersey City, Paterson

    3 New Jersey mayors announce joint anti-crime plan

    3 New Jersey mayors announce joint anti-crime plan

    Monday, July 28 2014 6:28 PM EDT2014-07-28 22:28:17 GMT

    The mayors of New Jersey's three largest urban areas said Monday they are looking at inter-city collaboration as a way to stem the flow of bloodshed on their streets. Newark Mayor Ras Baraka, Jersey City Mayor Steven Fulop and Paterson Mayor Jose Torres spoke mainly in generalities about the partnership, but said specifics would be hammered out at a mayors' roundtable that will convene in September.

    The mayors of New Jersey's three largest urban areas said Monday they are looking at inter-city collaboration as a way to stem the flow of bloodshed on their streets. Newark Mayor Ras Baraka, Jersey City Mayor Steven Fulop and Paterson Mayor Jose Torres spoke mainly in generalities about the partnership, but said specifics would be hammered out at a mayors' roundtable that will convene in September.


  • 2 U.S. marshals, 1 NYPD detective wounded; fugitive killed in Manhattan

    2 U.S. marshals, 1 NYPD detective wounded; fugitive killed in Manhattan

    Monday, July 28 2014 6:11 PM EDT2014-07-28 22:11:24 GMT
    Two deputy U.S. marshals, an NYPD detective, and a sexual assault suspect have been shot in a shootout in the West Village in Manhattan, officials said. The shootout happened near West 4th Street and Jones Street. Speaking at a news conference, Mayor Bill de Blasio said the marshals and cop were taken to a local hospital with apparently non-life threatening injuries.
    Two deputy U.S. marshals, an NYPD detective, and a sexual assault suspect have been shot in a shootout in the West Village in Manhattan, officials said. The shootout happened near West 4th Street and Jones Street. Speaking at a news conference, Mayor Bill de Blasio said the marshals and cop were taken to a local hospital with apparently non-life threatening injuries.
Powered by WorldNow
Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices