home buyouts News

Austin Still Recovering From 2013 Halloween Floods

A year after a flood killed three people and damaged hundreds of central Texas homes, Austin officials are still working to buy and tear down houses considered at risk for flooding. The 2013 Halloween floods, which reached up to 7 …

New York Mountain Town Awaits Hurricane Relief, 20 Months Later

Rebecca Hoskins poked through the debris in her flood-wrecked house: a TV here, a light fixture there. Someone had been in and taken down the curtains. She blinked back a tear. It was a crisp early spring day and her …

Louisiana Governor: Texas Brine Agrees to Sinkhole Buyouts

Louisiana Gov. Bobby Jindal says a Texas company blamed for the sinkhole that formed after the collapse of an underground salt cavern has agreed to provide settlement offers, which include buyouts, to the residents of the Bayou Corne community in …

Mississippi County Approves 7 More Flooded Home Buyouts

Jackson County supervisors have approved a payment of $500,949 to Island Winds Title Co. to close on seven homes. According to The Mississippi Press, the action brings the county closer to completing its role in a federal buyout program meant …

5 Mississippi Home Buyouts Could Happen in New Year

Five property owners whose homes were inundated by the spring flood could have their homes bought out by the city of Vicksburg next year. The Board of Mayor and Aldermen has authorized Mayor Paul Winfield to apply for a $150,000 …