Christie announces $300 million federal buy out for flood risk h - FOX 10 News | fox10phoenix.com

Christie announces $300 million federal buy out for flood risk home damaged by Sandy

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New Jersey Governor Chris Christie says he will use $300 million in federal funding to buy out homeowners whose properties have flooded repeatedly.

The buyout program begins in July officials expect to buy about one-thousand homes along the Jersey coast.

Then there would be no more building as the land would be preserved as wetlands.

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