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Homeowners in Flood Zones Opt to Rebuild, Not Move
2013-04-26 23:55:00| Climate Ark Climate Change & Global Warming Newsfeed
New York Times: A proposal to buy the damaged homes of New Yorkers who want to relocate after Hurricane Sandy is finding few takers, as most residents opt to rebuild, state officials said on Friday. Its up to the homeowner, and the vast bulk of homeowners are deciding to stay right where they are and rebuild, Gov. Andrew M. Cuomo said at a news conference in Albany. The state has allocated an initial sum of $171 million to buy homes in low-lying areas, part of an ambitious effort by Mr. Cuomo to reshape coastal...
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Category:Electronics and Electrical