City Approves Questionable FEMA Buyout Payments: Owners Paid up to 4x Listed Fair Market Value
According to a review of city documents by The Bridge, owners of flood-damaged, substandard rental properties in a neighborhood with 62% of residents living at or below poverty (Census, 2013-2017 ACS), received FEMA Buyout payments far in excess of fair market values. In one case, 20 Carroll Street, the FEMA Buyout payment was four times […]