buyouts

Miami Herald archives

Florida is sending $25 million to South Florida to buy out homeowners ready to surrender to hurricanes and rising seas.

On Tuesday, the Florida Department of Economic Opportunity awarded $44 million in Hurricane Irma relief money to cities and counties around the state to purchase vulnerable property in an attempt to cut the cost of future damage. In South Florida, Monroe County will receive the lion’s share - $15 million - with another $5 million going to Marathon, about $4.5 million to Miami-Dade County and just over $200,000 to the Village of Islamorada.

Al Diaz/Miami Herald

If the past is any indication, worsening threats from climate change, like rising seas in South Florida, could take a larger toll on the poor as people are forced to abandon their homes.