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Blue Acres

  • Earth Wise
    Buyouts for flood-prone housing
    Randy Simon
    New Jersey has a program called Blue Acres, started in 1995, which to date has used more than $234 million in federal and state funds to pay fair market value to purchase homes in flood-prone areas. The properties are returned to permanent open space, which can better absorb rainwater than man-made surfaces such as concrete, asphalt, and buildings.