The $4.3 million FEMA Community Disaster loan taken out in 2013 to help cover lost taxes caused by Superstorm Sandy’s destruction of 2,000 homes in Little Egg Harbor Township has now been marked due.
Township officials have been searching for ways to mitigate the hardship that will fall on taxpayers if the Federal Emergency Management Agency sticks to its mandate that the township repay the $4,319,506 in full, plus interest, by April 2023.
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