Report Inappropriate Comments

james, I agree income should not play a role. Touro law which is doing a sandy legal thing, I was working with them on something else and he added in they dont like giving funds to folks with high incomes who can afford flood insurance who just did not buy it.

I am like what difference does it make what they like. It said not income qualified. He said yep, but what they like is important. So I call up NYS Rising and the lady told me yep, high income folks with no flood insurance since we use our judgement who gets paid first go to back of the line and will be called last and if by then we run out of money or have already used up the 50% we can only use for higher income people you are out of luck.

I then said so if you made a good income in 2012, lost your job after Sandy, have no money in bank and no income in 2013 you are screwed. But if you were a hedge fund trader laid off in late 2011 with five million in bank who did not find work again till 2013 you are good. Yep soley based on a point in time 2012 income tax.

Even more it is adjusted gross income. So if you make 400K and have 300k in itemized deductions you still made 400K.

NYS rising told me at a meeting. To my face it was not income based and told me go on vacation, buy new cars, live your life. But dont spend money on the remaining home repairs till next Spring. A case worker will contact me after labor day and a few months later a list of contractors will come out.

I see so many folks selling houses as is near me to flippers who are flipping them and reselling them to new folks. I know most were primary residences. All those folks wont get a nickle from this fund. The old folks cant even use the casualty loss.

It is a shame so many are distrustful of NYS rising they dont even apply or are just selling their houses of 50 years at a big loss as they cant wait or think they will not get any funds.

The lien on house is insult to injury for work performed. FEMA, RedCross, NYHRRF and Flood isurance when they get a grant dont put a lien on their house why should this get one. I mean an 82 year old women barely hanging on gets back in her house as 84 from sandy and then if she sells at 88 she is punished. BS>

From: Still no homecoming

Please explain the inappropriate content below.