Cost effective flood plain buy outs

There’s a line of thought that cities and states can save money by creating their own buyout plans for homes in flood plains. The thought is frequently flooded homes can raise insurance rates, federal funding is slow to nonexistent, and adds cost burdens to strained local budgets. Local/State buy out programs for homes in flood plains will ultimately reduce costs.

Governing | The Case for Paying Americans to Move Out of Floodplains