Amended Final Action Plan As Approved by HUD April 3, 2020
Amended Final Action Plan As Approved by HUD 4/03/2020, Revised 12/17/2020 LOWER MANHATTAN DEVELOPMENT CORPORATION Amended Final Action Plan For Lower Manhattan Disaster Recovery and Rebuilding Efforts Overview The Lower Manhattan Development Corporation (LMDC) has prepared this Amended Final Action Plan with regards to the $2 billion federal appropriation for the World Trade Center disaster recovery and rebuilding efforts administered by the United States Department of Housing and Urban Development (HUD). LMDC has received additional funding through a $783,000,000 federal appropriation from HUD for damaged properties and businesses (including the restoration of utility infrastructure) as well as economic revitalization related to the terrorist attacks at the World Trade Center (WTC). Partial Action Plans detailing the expenditure of the other funds from the $2.783 billion appropriation and are viewable on the LMDC website at http://renewnyc.com/FundingInitiatives/PartialActionPlans.aspx. Amended Allocations Original Amended Allocations Approved by Allocation Allocations Revised HUD 12/6/06 Approved by 2/21/17- 4/03/2020 Revised HUD 12/18/15 6/12/17 3/8/18 Revised 2/27/13 and 10/14/16 & 3/8/19 12/17/2020 I. WTC Memorial and Cultural A.Reserve Fund $44,000,000 $44,000,000 $44,000,000 $44,000,000 B.WTC Construction Coordination $1,000,000 $1,000,000 $1,000,000 $1,000,000 C. WTC Memorial Tribute in Light $810,000 $810,000 $810,000 $810,000 Subtotal $45,810,000 $45,810,000 $45,810,000 $45,810,000 II. Affordable Housing $12,000,000 $12,000,000 $12,800,000 $12,800,000 III.
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