Flood Buyout Program News

These Texans Aren’t Taking Buyouts Despite Repeated Floods

HARRIS COUNTY β€” After the floodwaters earlier this month just about swallowed two of the six homes that 60-year-old Tom Madigan owns on the San Jacinto River, he didn’t think twice about whether to fix them. He hired people to …

Maryland’s Smith Island Commits to Rebuilding Community, Rejecting Buyouts

SMITH ISLAND, Md. (AP) β€” For the people of Smith Island, weather guides a way of life as much as the tranquil atmosphere for which it has become known. Hurricanes with names like Hazel, Agnes, Isabel and Irene become part …

Homeowners in South Carolina County Seek Buyout of Flooded Property

More than two dozen Lexington County, S.C., residents are ready to sell their homes rather than repair the flood damage. The State newspaper reported that 28 homeowners are asking county officials to buy and demolish the homes as part of …

In Shickshinny, Penn., Flood-Buyout Program to Continue Through 2014

Donald Hargraves is flooded with nostalgia when he drives past the Shickshinny, Penn., home he owned for more than five decades but doesn’t regret recently selling the property in a flood-buyout program. “I loved my home. If I was younger …

New Jersey Residents Say Flood Buyout Programs Fall Short

State and federal programs offer homeowners in North Jersey’s flood-ravaged areas a buyout. But the combination of red tape and limited funding is keeping many from that promise and a fresh start in a new and drier location. Nelly Della …