POLICY
NJ Plans to Expand Buyouts of Flood-Prone Properties
Revamped Blue Acres program to include areas where floods expected to increase as climate change worsens
JON HURDLE / NJ SPOTLIGHT – New Jersey’s program to buy out flood-prone houses is being redesigned to include properties that are expected to flood in response to climate change as well as those that are already eligible for state purchase because of repeated flooding in the past.
A new version of the Blue Acres program will add a proactive element to its existing policy which reacts to events like Tropical Storm Ida by buying and demolishing flood-prone properties whose owners have voluntarily offered them for sale to the state …
