On Thursday, Gov. Chris Christie announced a plan to buy out homes in flood-prone areas of Sayreville and South River so no houses are built there in the future, and some residents are eager.
The governor announced the “willing seller” buyout plan Thursday, just before appearing in Sayreville, where about 270 homes were destroyed or severely damaged by a tidal surge during Sandy.
The federal government is providing guidance for towns and states considering flood-related home buyouts, but it is not as simple as just writing a check.
As the federal government releases its first batches of aid for recovery from superstorm Sandy, Shaun Donovan, the Secretary of Housing and Urban Development, has been visiting some of the areas hardest hit.
The New York Times has offered buyout packages to 30 newsroom staffers, and a report Monday said layoffs could follow.
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