buy flood prone homes News

Austin Officials Okay $30M for Flood-Prone Home Buyouts

Austin, Texas, officials have authorized spending more than $30 million to buy about 140 homes in a neighborhood savaged last year by severe flooding. The city council voted unanimously Thursday to OK the buyouts along Onion Creek. It will spend …

New Jersey Sandy Flood-Damaged Home Buyouts Continue

Lou Szabo’s street near the Raritan River has flooded for as long as he can remember. “When we were kids, we used to have boat races down the street,” said Szabo, now in his 40s. “We’d jump into inner tubes …

New Jersey Plans 700 Post-Sandy Home Buyouts

New Jersey has identified nearly 700 homes it plans to buy and demolish as part of an effort to move people out of flood prone areas. But most of the homes targeted for acquisition and demolition are in areas away …

New York to Buy Homes in Neighborhood Hit by Sandy

Residents of a flood-prone area battered by Superstorm Sandy are getting a financial lifeline, with state officials announcing a plan to buy all 129 homes in a neighborhood sandwiched between a tidal marsh and the Atlantic Ocean. Democratic Gov. Andrew …

Ex-DEP Boss: Buy Out Flood-Prone New Jersey Homes

As lawmakers consider a package of bills to help the state recover from Superstorm Sandy, a former state environmental protection commissioner says the storm provided a golden opportunity to buy out flood-prone homes and move them further away from the …