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Building on Floodplains Over: Leaders

Started by Epoch-Times-Bot, Oct 27, 2022, 07:30 PM

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Epoch-Times-Bot

Oct 27, 2022, 07:30 PM
Building on Floodplains Over: Leaders

Governments have called an end to housing developments on floodplains as a major buyback scheme is unveiled for people affected by catastrophic flooding in the New South Wales (NSW) Northern Rivers.
The $520 million (US$335 million) buyback scheme is the centrepiece of an $800 million package co-funded by the NSW and federal governments to give 2000 flood-impacted residents the opportunity to raise, repair or retrofit their houses.
For homes in the most at-risk areas of Lismore and the surrounding Northern Rivers region, governments will offer to buy the home and land from the owner.
Prime Minister Anthony Albanese says the package offers a way forward for communities devastated by repeated flooding this year....

Source: Building on Floodplains Over: Leaders

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Aug 09, 2024, 09:23 PM
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