Fifteen months after Hurricane Harvey flooded more than 200,000 area homes and apartments, Harris County has begun purchasing homes in the floodplain using funds voters overwhelmingly approved in this summer’s $2.5 billion flood infrastructure bond.
Using matching funds from the Federal Emergency Management Agency, Harris County in the past month has purchased 12 homes. For this program, which combines local and federal dollars, the Harris County Flood Control District has used $53 million in bond funds to secure $159 million from FEMA. Another 512 homes are in the buyout process, and up to 400 more could be purchased using this funding source.
James Wade, director of the flood control district’s buyout program, said his staff aims to leverage local funding to secure federal dollars, which lessens the burden for Harris County taxpayers. Homes the county is targeting for buyouts are so susceptible to flooding that engineers have concluded the cost to protect them cannot be justified.
“There’s no practical flood control project that can save them,” Wade said.
Over the course of the decade-long bond program, the flood control district plans to use around $180 million in local funding, plus $550 million from federal partners, to purchase as many as 3,600 buildings in the floodplain. That total would more than double the number of homes the flood control district’s buyout program has purchased in its 33-year history.
Harris County plans to focus many of the buyouts on the San Jacinto River watershed, though the dozen homes purchased to date include properties on Vince Bayou, White Oak Bayou, Cypress Creek and Vogel Creek.
Not much to add to this. Buyouts are a necessary tool in the kit, but they’re also necessarily going to be limited in scope. I’m curious what our incoming County Judge thinks about the progress of this program, but it will remain a mystery to me, as she was not quoted in the story.