The Federal Emergency Management Agency has spent about $3.1 billion in disaster relief money for shelters, restoring power and other immediate needs after the Oct. 29 storm pounded the Atlantic Coast with hurricane-force winds and coastal flooding. New York, New Jersey and Connecticut were the hardest hit.
Sandy is the most costly natural disaster since Hurricane Katrina in 2005 and was blamed for 140 deaths. The storm damaged or destroyed 305,000 housing units in New York and more than 265,000 businesses were disrupted there, officials have said. In New Jersey, more than 346,000 households were destroyed or damaged and more than 40,000 families remain living out of their homes, according to officials.
Associated Press reporter Alan Fram contributed to this report.