buyouts News

FEMA Bought 44,000 Flood-Prone Homes and May Have to Buy Millions More

As the climate crisis worsens, more Americans will be forced from their homes. Many won’t be able to afford it, and the U.S. isn’t prepared for a massive, government-subsidized migration away from flood-prone areas, according to the first comprehensive analysis …

America’s Great Climate Exodus Is Starting in the Florida Keys

Lori Rittel is stuck in her Florida Keys home, living in the wreckage left by Hurricane Irma two years ago, unable to rebuild or repair. Now her best hope for escape is to sell the little white bungalow to the …

Fargo to Offer Buyouts to Residents of 56 Homes

North Dakota’s largest city is planning to offer buyouts to residents of 56 homes next year as part of a plan to protect them from Red River flooding. Fargo officials say the buyouts will likely cost about $24 million, The …

5 Mississippi Flood Home Buyouts Could Come Next Year

Five property owners whose homes were inundated by the spring flood could have their homes bought out by the Mississippi city of Vicksburg next year. The Vicksburg Post reports that the Board of Mayor and Aldermen has authorized Mayor Paul …