Rising flood insurance costs growing burden to communities and homeowners in New York City
Monday, March 27, 2017 - 09:02
in Earth & Climate
Flood insurance is already difficult to afford for many homeowners in New York City, and the situation will only worsen as flood maps are revised to reflect current risk and if the federal government continues to move toward risk-based rates, according to a first-of-its-kind study by the RAND Corporation.