home buyouts

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'White racial privilege' a factor in home buyouts
www.eenews.net

'White racial privilege' a factor in home buyouts

Government buyouts of flood-damaged homes disproportionately benefit whiter, wealthier communities, even as low-income and minority homeowners are more likely to participate in such programs, according to new research from Rice University.
Rob Moore: As climate risks worsen, U.S. flood buyouts fail to meet the need
e360.yale.edu

Rob Moore: As climate risks worsen, U.S. flood buyouts fail to meet the need

As climate change drives more extreme coastal storms and precipitation events, the system must undergo a drastic overhaul or risk stranding millions in flood-prone homes.

Most post-flood buyouts take more than 5 years

Most post-flood buyouts take more than 5 years

A new report finds that it typically takes five years or longer to complete the buyout process, leaving homeowners of flooded properties in limbo.

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