RE-BLOGGED STORIES FROM OTHERS

Plum Island; Government could buy properties damaged by winter storms.

This is the same place I took the pretty photo for The Daily Prompt

coastlinesproject

NewburyportNews.com, Newburyport, MA

July 20, 2013

Gov’t could buy PI properties

In rebuilding, owners struggle with rising insurance, costs

BY DYKE HENDRICKSON
STAFF WRITER

—- — NEWBURY — It’s getting costly to rebuild on Plum Island. As a result, the town might someday be asked to buy oceanfront property should current homeowners chose to take a government “buyout” and leave their seaside land.

At a meeting of the Merrimack River Beach Alliance yesterday, a town official said that several oceanfront property owners are considering selling their properties to the government rather than rebuilding.

Government agencies, including the Federal Emergency Management Agency and the Massachusetts Emergency Management Agency, maintain a fund of about $7 million that can be directed to communities that are attempting to mitigate storm damage. Officials from the state Department of Environmental Protection said that this acquisition fund can be used to purchase property from owners, with the…

View original post 468 more words

Advertisements

Love to hear from you

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s