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Greinwich Terrace Residents Can Find Buyout Information Here

Post Date:06/17/2021 5:27 PM

City and parish leaders have prioritized the Greinwich Terrace neighborhood for a $30 million program offering voluntary residential buyouts as part of the Louisiana Watershed Initiative (LWI) Statewide Buyout Program. The neighborhood has flooded three times over the past four years.

This neighborhood buyout is part of the state’s efforts to reduce flood risk by moving residents out of harm’s way. Buyouts also can serve to restore the natural functions of floodplains, enhance communities through the addition of green space and increase Community Rating System scores, thus lowering flood insurance premiums.

For information, visit, https://www.watershed.la.gov/buyouts.

 

 

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