Georgia Gets FEMA Flooding Aid

August 2, 2010  |  

(Atlanta Business Chronicle) — Disaster relief funding is on its way for metro Atlantans who lost their properties in last fall’s flooding. The federal government’s $5.1 billion in supplemental Federal Emergency Management Agency funding singed by President Barack Obama includes $33.3 million for property buyouts in the Atlanta suburbs.

The projects include about 120 Atlanta-area properties in flood plains. To qualify for the money, damage to the homes had to be more than 50 percent of their appraised value. The homes will be demolished and preserved as green space and flood buffers.

Read More…

Read more: Georgia gets FEMA flooding aid – Atlanta Business Chronicle

Trending on MadameNoire

View Comments
Comment Disclaimer: Comments that contain profane or derogatory language, video links or exceed 200 words will require approval by a moderator before appearing in the comment section. XOXO-MN
blog comments powered by Disqus