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Has the local buy out program been effective?

April 26, 2017buy effective local program

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Has the local buy out program been effective?

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Between 1989 and the Tropical Storm Allison experience of June, 2001, HCAD and various partners have purchased 440 of the most repetitive flood-loss homes in Harris County, costing $44 million. Since Tropical Storm Allison, HCFCD, in partnerships with FEMA and the State of Texas, has purchased an additional 2,000 homes, costing $170 million. HCFCD also maintains a list of candidates for buy out when funds become available. It is currently seeking additional funds for the buy out of homes that were flooded in October 2002 and for other homes that repeatedly flood.