1 year after Sandy, residents still wait for financial aid

New York City officials have acknowledged that many residents are still waiting for financial aid to rebuild their damaged homes, but said the city's infrastructure has been strengthened for future storms.

About 24,000 families have signed up for the city's Build-It-Back program. The program will help pay for repairs and elevate their damaged homes. But most people still haven't received any money nearly a year after the storm.

City officials say they still don't know how much money they'll be able to distribute to storm victims because the federal government hasn't released all of the Sandy aid funding yet.

To prepare for the next major storm, the city has added more fuel trucks, safety boats and inverters that can be used to power traffic lights during a power outage.