Some Benton, Ark., Residents Hoping for Federal Buyout
Some residents of a flood-prone neighborhood in Benton, Ark., are waiting and hoping for a federal buyout of their homes.
City officials applied for grant money from the Federal Emergency Management Agency’s hazard-mitigation program after a storm in April stranded residents. The city and the Central Arkansas Planning and Development District are also putting together a plan to bulldoze the homes.
City engineer Gail Mainard says the homes should never have been built in what is a floodway. But the area was developed in 1978 before the current flood-plain maps the city uses.
A private appraisal group estimates the values of the six homes at between $100,00 and $168,000.
The FEMA program would require the city to pay 25 percent of the more than $1 million project.
Information from: Arkansas Democrat-Gazette, www.arkansasonline.com
- Portugal Rolls Out $2.9 Billion Aid as Deadly Flooding Spreads
- Credit Suisse Nazi Probe Reveals Fresh SS Ties, Senator Says
- LA County Told to Pause $4B in Abuse Payouts as DA Probes Fraud Claims
- Charges Dropped Against ‘Poster Boy’ Contractor Accused of Insurance Fraud