Last year, nearly 30 percent of new homes in the U.S. had partial or full basements, according to the Census Bureau’s Survey of Construction.
Aid slow to reach homeowners hit by Hurricane Sandy
Billions in federal money still not distributed to victims in N.Y., N.J.
More than two years after Hurricane Sandy struck, many coastal residents are still waiting for New York, New Jersey, and New York City to distribute billions of federal dollars that were intended to go directly to people struggling to rebuild their homes. Only a fraction of that money has been spent, leaving storm victims at the mercy of a frustrating bureaucratic maze. Officials say the pace of financial distributions will increase in 2014, however.
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