Buyouts of homes may help those who can't afford to rebuild after storm flooding
Would purchase programs work on Cape? Last week, Shannon Hulst, the Barnstable County Cooperative Extension Deputy Director and Floodplain Director, hosted a meeting with representatives of three federal agencies that have flood buyout programs. These programs typically require a state or federal disaster declaration as well as participation by a town, county or state entity. They are more geared to groups of homes rather than individual homes, and the structures are either demolished or relocated. The vacant property then becomes open space. “There’s no way we’ll get federal money ...
Source: wickedlocal.com