Monday, August 11, 2008

Owners of flooded properties must make decisions

From Janesville Gazette

...The federal government will pay 75 percent of the cost, with the state and city chipping in 12.5 percent each. The city can use in-kind matches to come up with that money, such as doing the demolition or paying landfill fees, Lee said.

If residents choose not to sell, they would be required to raise their homes 2 feet above flood plain level.

That might not be financially feasible for some.