The Wells Fargo/NAHB Builder Confidence survey, for February, reported a historic drop in Builder Confidence.
FEMA subsidies used to raise homes in flood zones
Federal aid is being used to give homes in flood hazard zones a lift.
Federal aid is being used to give homes in flood hazard zones a lift. The Federal Emergency Management Agency’s Hazard Mitigation Grant Program has given coastal Gloucester County, Va., $11.8 million to raise 60 homes; 59 other homes and businesses are in the pipeline for similar aid. The county also offers residents an outright buyout, but only 17 families and one business have gone that route.
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