Half of FEMA-Funded Buyouts Take More Than 5 Years
Half of FEMA-Funded Buyouts Take More Than 5 Years
Source: Reduce Flooding Blog - Bob Rehak
Date: 11/19/2024 5:51pm
Article Summary:
"Long Wait Times and Inequities in FEMA-Funded Buyouts Revealed"
Half of all FEMA-funded buyouts take more than five years to complete, affecting vulnerable homeowners in Harris County, with 80% of buyouts going to those making less than the region's median income. The lengthy process involves multiple government agencies and can be challenging for low-income homeowners who may not have insurance to cover repeated flooding events.
Read article here »
Date: 11/19/2024 5:51pm
Article Summary:
"Long Wait Times and Inequities in FEMA-Funded Buyouts Revealed"
Half of all FEMA-funded buyouts take more than five years to complete, affecting vulnerable homeowners in Harris County, with 80% of buyouts going to those making less than the region's median income. The lengthy process involves multiple government agencies and can be challenging for low-income homeowners who may not have insurance to cover repeated flooding events.
Read article here »