Helen Wiley, Carolyn Kousky, Speeding Up Post-Disaster Housing Buyouts, The Solutions Journal, Volume 11, Issue 3, September 2020, (https://www.thesolutionsjournal.com/article/speeding-post-disaster-housing-buyouts/) Abstract: Key Concepts In seeking to reframe the United States’ disaster paradigm to one that focuses more on prevention and mitigation rather than response, expanded voluntary buyouts of flood-prone properties could play a key role in reducing future disaster costs, thereby contributing to FEMA’s National Mitigation Investment Strategy. Most funding for flood mitigation projects comes from the federal government post-flood, yet these dollars often take too long to make housing buyouts a viable option for homeowners dealing with disaster recovery. Congress could eliminate the cost-share requirement for HMGP funded buyouts to reduce the post-disaster financial burden on local governments and, by extension, their local taxpayers. This would also speed up funding as local governments would not need to search for cost-share funds. FEMA could fast-track HMGP money targeted specifically for buyouts or reimburse local governments up to a certain percentage of total HMGP funding … Topics: