POLL: If Offered a Buyout for Flooded Property, Would You Take It?
Gov. Christie is reportedly working on a $250 million buyout program for some Raritan Bay communities.
At a gathering Tuesday with seniors in Lakewood, Gov. Chris Christie revealed in an answer to a question for the first time that he is seeking $250 million in Blue Acres federal funds to buy out communities in some perpetually flooded areas.
Christie said the money would be utilized for Middlesex County residents, not for Union Beach, according to The Star Ledger. "Union Beach, there would be a revolution. They want to rebuild there. They understand the risks," said Christie at the meeting.
The funds would be directed towards places that repeatedly flood in Sayreville, South River and Woodbridge, where he said homeowners are eager to sell and move to higher ground. About 1,000 homes could be purchased.
Christie did not give further details about the initiative which he has not formally announced.
So how do you feel about this? Take the poll and tell us more in the comments. (Please tell us which town your property is in.)