Tag: property buyout

Research: ‘Clustering’ Land Buyouts Can Improve Flood Resiliency

A study that analyzes flood loss claims and estimates from over 74,000 properties impacted by Hurricane Harvey in Houston’s Harris County finds that a strategic land buyout approach that prioritizes the purchase of land parcels in “clusters,” as well as proximity to existing open space, is just as cost-effective as the traditional, piecemeal approach.
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