Thousands of Connecticut homes have been repeatedly damaged by flooding due to storms. costing the government millions in insurance claims. The losses are now causing some to question the wisdom of policies that encourage rebuilding. They say that with climate change, those properties will grow more vulnerable and money would be better spent moving people out. So far, however, few homeowners are interested.
Hazard Mitigation Grant Program
Posted inEnergy & Environment
Flood insurance hikes arriving at a waterfront near you
Just over a year after shoreline politicians along with a panicked real estate industry and homeowners fought successfully to roll back scheduled dramatic increases in National Flood Insurance Program rates, most of them are back in only slightly modified form. As policies renew, shoreline homeowners are likely to face a new round of sticker shock, their penalty for living in flood zones.
Posted inEnergy & Environment
Connecticut panel does about-face on hazard mitigation funds
Connecticut shoreline homeowners who were victims of storm Sandy and had applied for federal funding to elevate their homes or have them purchased by the government will now have a shot at getting some money.
Posted inEnergy & Environment
Hazard mitigation grant do-over
After a massive outcry from shoreline communities, the state emergency management office is being ordered to reconsider its decision to deny certain federal funds for all home elevations and buyouts related to storm Sandy.
Posted inEnergy & Environment
No hazard mitigation funds for Connecticut shoreline homeowners
About a half-dozen shoreline communities are angered that none of their homes damaged by Storm Sandy will receive hazard-mitigation funding for elevations or buyouts.