New flood-risk maps could hurt minority neighborhoods by reducing property values as well as access to recovery funds.

The Morning News https://ift.tt/31N7q1g

In the aftermath of major floods, federal rebuilding assistance funds are typically linked to a home’s value; more expensive properties get more money to rebuild... “Black people had houses that were only partially rebuilt,” she said. “Meanwhile, the white people got a gazebo and a swimming pool.”

↩︎ Quartz

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