Floodplain Buyouts: Challenges, Practices, and Lessons Learned
Date
2021-08
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Abstract
This report summarizes lessons learned by buyout administrators and practitioners and how they have overcome or reduced several common challenges, such as how to: (a) finance buyouts, (b) improve speed and efficiency, and (c) increase uptake of buyout offers among residents. Lessons are drawn from program evaluations, case studies, academic research, and interviews with program administrators. Throughout the report, we note concerns about equity and identify where actions taken by state or federal agencies could support local efforts. The report is far from a complete account of all significant findings in buyout policy research; rather, it represents a critical starting point for leaders seeking to guide future buyout programs toward more equitable and effective outcomes.
Description
Keywords
Flooding, Buyouts, Public Policy, Land Use, Disasters, Climate Change