U.S. Govt Creates Incentives to Rebuild Flood-Hit Coastal Homes, Over and Over

InsideClimate News 2014-03-09

Summary:

(Beth Daley, New England Center for Investigative Reporting)

SCITUATE - Over and over again, the Atlantic has taken aim at 48 Oceanside Drive. Almost four decades ago, it slammed the house clear off its foundation. Thirteen years later, seawater poured through the roof during a nor’easter. So often has the sea catapulted grapefruit-sized rocks through the vacation home's windows that a former owner installed bulletproof-glass.

At least nine times the property has sustained significant flood damage from coastal storms. And each time, the federal government helped owners rebuild with National Flood Insurance Program payouts. It has subsidized insurance premiums at the property and in 2005, granted one owner $40,000 to elevate the home.

Link:

http://feedproxy.google.com/~r/solveclimate/blog/~3/LIR-1_vOKa4/us-govt-creates-incentives-rebuild-flood-hit-coastal-homes-over-and-over

From feeds:

Berkeley Law Library -- Reference & Research Services » InsideClimate News

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Date tagged:

03/09/2014, 16:30

Date published:

03/09/2014, 04:00