Flood "Buyout" on Table

By: Stan Torgerson
By: Stan Torgerson

FEMA recently proposed a plan in which the federal government would buy county and city homes that have been repeatedly flooded, rather than continuing to offer flood insurance.

Rusty Gressett of the Lauderdale County Permit Office on Thursday reported to county supervisors.

"There's 47 that are interested and 14 of them are inside the city and the ones, the 33, that doesn't mean they're qualified," said Gressett. "That just means they've come to us, sat down, had a one on one discussion about the buy out."

There would be forms and other paperwork that could carry a total cost of over $7,000 for each transaction.


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