A poster on display at the College of Staten Island's recent Superstorm Sandy Forum depicts what may be the future design of some Staten Island homes built to withstand ocean surges.

STATEN  ISLAND, N.Y. — The city will use federal money to offer restricted grants to homeowners to rebuild or fix up Hurricane Sandy-ravaged homes, according to a plan released Friday.

And in cases where homes have lost more than half their value, the grants will provide for them to be elevated to new advisory base flood elevations.

Of the $1.7 billion in Community Development Block Grants being allocated to New York City, $720 million of it will be spent on housing, according to the plan, which the city must submit to the federal Department of Housing and Urban Development in order to receive the funds.

Details on how to register will be available when the plan is finalized and approved. READ MORE …

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The Staten Island Board of REALTORS® (SIBOR) is the largest not-for-profit trade association inStaten Island, N.Y.

SIBOR exists to enhance the ability and opportunity of its members to conduct their business successfully and ethically; and to promote the preservation of the public’s right to own, transfer and use real property.

Comprised of over 1,600 members, SIBOR serves real estate agents, brokers and affiliated professionals throughout the borough and surrounding areas.

SIBOR is the provider of the Staten Island Multiple Listing Service Inc. (SIMLS),which works as a clearinghouse through which more than 250 local real estate firms exchange information on properties they have listed for sale. Together, its members participate in over 3,000 real estate transactions every year.

All SIBOR members belong to the New York State Association of REALTORS® (NYSAR) and the National Association of REALTORS® (NAR).

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