All Climate Events
Webinar: The Role of Buyouts in Flood Resilience
Thursday, 21 March 2019, 12:00
Thursday, March 21, 2019. 12:00PM. Webinar: The Role of Buyouts in Flood Resilience. Sponsored by Center for Climate Preparedness and Community Resilience. More information here.
Buying and demolishing flood damaged homes is often the best option for the owners, the town, the waterway, and public safety. When FEMA funds can be matched with HUD funds, this can take place with very little cost to towns and get owners 100% of their pre-flood value. However, like any program with two sources of federal funds and some state and local involvement, there can be many obstacles along the way. Come and learn from the duo that made many of the buyouts happen in Vermont post-Tropical Storm Irene. This presentation will dive from the high-level rationale for such a program to the ground level of actually getting it done 150 times. If your community is next to the ocean or along a river, you should have a handle on how to use funds to buyout properties, thus permanently avoiding future repeated flood damage.
This project was awarded national honors from the National Association of Development Organizations, the American Planning Association, and the Council of State Community Development Agencies