ELI POLICY BRIEF ❧ After a disaster, acquiring flood-ravaged homes and businesses from willing sellers moves people and property out of risky areas and reduces future damage costs. Once acquired, these lots also can be used for a variety of projects, providing recreational and habitat amenities.
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Copyright ©2017, Environmental Law Institute®, Washington D.C. www.eli.org. Reprinted by permission from The Environmental Forum®, July/August.