Trump Administration Presses Cities to Evict Homeowners from Flood Zones – The New York Times
Credit: Johnny Milano for The New York Times.
Article Synopsis – If local governments nationwide want federal money to help combat climate change, they must agree to use eminent domain to evict residents from homes in flood zones. The Army Corps of Engineers “applies a relatively simple formula to decide which houses should be condemned, officials said: It estimates how much damage a house is likely to suffer in the next 50 years, then compares that to what it would cost to buy and tear down the house, plus moving expenses for the owner. If the buyout costs less, the homeowner is asked to sell for the assessed value of the home. That price is not negotiable, and neither is the offer.” To read the actual article click here.