Monday, December 22, 2014

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Legislature agrees to flood buyout program

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Albany/HV: Legislature agrees to flood buyout program
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ULSTER COUNTY, N.Y. -- Ulster County Legislative Chairman Terry Bernardo is expected to sign an agreement for a flood buyout program Thursday. The program will provide funding for victims of flooding in Wawarsing.

At total of $3.8 million is coming from the Housing Trust Fund Corporation, along with $3.7 million from the DEP, will be given to homeowners living near a New York City Aqueduct or whose homes were damaged by flooding in the region since April 1st, 2004. Funding will also be provided for those who are determined to be at future risk.

The program hopes to replace ruined possessions and grant residents the opportunity to relocate away from areas that tend to flood the most.

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