Buyouts on the Ballot: 10 Years After Sandy, New York Considers New Funding for Voluntary Relocation

New potential funding mechanisms—including a measure that New Yorkers will see on the ballot this November—may provide an opportunity for homeowners in areas of high flood risk to sell their at-risk properties to the state or city. The properties are then rebuilt to be more resilient, or removed so the land can be used for coastal protection measures.