New Jersey Towns to Share $7.5M for Flood Buyouts
Two New Jersey towns will share $7.5 million in federal grants to fund the acquisition and demolition of homes in flood-prone areas.
Woodbridge will receive more than $3.8 million to buy and demolish 98 homes and Manville will receive $3.7 million to remove 108 properties.
U.S. Sens. Robert Menendez and Cory Booker announced the grants on Monday.
In a statement, Booker says the buyouts of flood-prone homes are critical to New Jersey’s long-term recovery from Superstorm Sandy.
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