Federal home buy out for flood plains

45,000 homes have been bought since 2001, at a cost of nearly $4 billion through the Federal Emergency Management Agency’s property buyout program. For every $1 invested in the program, disaster recovery costs are saved by an estimated $4-$6 dollars.

The Conversation | FEMA buyouts vs. risky real estate: New maps reveal post-floodmigration patterns across the US