Koslov on FEMA Buyouts of Flood-Prone Properties
Assistant professor of urban planning Liz Koslov spoke to NPR about Federal Emergency Management Agency buyouts of flood-prone properties. FEMA subsidizes the cost for local governments to buy out homes owned by people who want to relocate out of flood zones. A recent study found that counties that administer FEMA buyouts on average have higher incomes and population densities. The study also found that not all flood-prone communities can pursue a buyout because their local governments have not established FEMA programs. One reason that wealthier counties might be receiving more buyouts is that it requires significant bureaucratic and monetary resources to apply for and distribute buyout funds, the article noted. “Without public support, it’s clear that many people will be left without sufficient resources to move out of harm’s way,” Koslov said.
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