While the human toll of the tragic events of September 11, 2001, is incalculable, the terrorist attacks devastated 16 acres of Lower Manhattan and inflicted widespread physical and economic damage that reverberated across the nation. In the aftermath, the Lower Manhattan Development Corporation (LMDC) was established as a joint New York State–New York City corporation to lead the recovery and revitalization of Lower Manhattan, the financial capital of the world. Supported by $2.783 billion in federal Community Development Block Grant disaster recovery funding, LMDC has helped rebuild the World Trade Center site, restore the surrounding community, support residents and businesses, and lay the foundation for Lower Manhattan’s long-term economic resurgence.

After a quarter century of working through an extensive public-engagement process and in partnership with federal, state, city and private-sector stakeholders, LMDC has allocated its entire federal grant across more than 140 activities, with nearly 99% of funding distributed.

To read more about LMDC's role in rebuilding Lower Manhattan after September 11, 2001, click here. .