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Instead of constantly rebuilding, NJ has a program to buy flood prone, residential homes at fair-market value. It then removes the home and manages the propert
by bnolan001 9mo ago
Instead of constantly rebuilding, NJ has a program to buy flood prone, residential homes at fair-market value. It then removes the home and manages the property as open space, in line with the flood plain.
- toomuchtodo 9mo agoIs this part of FEMA's program? Or a distinct program and funding? https://www.congress.gov/crs-product/IN11911 https://www.congress.gov/crs-product/IN11911 Related: FEMA buyouts vs. risky real estate: New maps reveal post-flood migration patterns across the US - https://news.ycombinator.com/item?id=46455643 https://news.ycombinator.com/item?id=46455643 - January 2026
- bnolan001 9mo agoThey use funds from a few different sources. One is FEMA.