The Lower Manhattan Development Corporation has announced an increase in housing assistance grants available to eligible families living in New York City's Lower East Side, Chinatown, and Little Italy, the New York Times reports.
LMDC will increase to $1,750 the amount available to families living in the area, which extends north from Canal Street to Delancey and Kenmare Streets and east from Lafayette Street to the East River. Households with at least one child under the age of eighteen that commit to remaining in the area for at least a year will receive a $750 family bonus. As previously proposed, a $1,000 grant per household also is available for residents who lived in the area on September 11.
The development corporation, which was created by city and state officials in the wake of the September 11 terrorist attacks to help plan and coordinate the rebuilding and revitalization of Lower Manhattan, also agreed not to withhold from grants offered to Battery Park City residents the equivalent of any benefits they receive from the Battery Park City Authority related to the attacks.