Rhode Island Homeowners Seek FEMA Grants to Elevate Houses

April 22, 2014

Some Rhode Island residents are seeking federal grant money to help pay for elevating their homes to reduce the risk of flooding —  and avoid spikes in flood insurance rates.

Seven homeowners in Barrington who want to elevate their homes have applied through the town for hazard mitigation grants from the Federal Emergency Management Agency.

Town Planner Philip Hervey told The Providence Journal that Barrington’s application for the FEMA grants includes projects ranging from $75,000 to $160,000. The grants could pay up to 75 percent of the cost of elevating houses.

Flood insurance rates are rising under the National Flood Insurance Program. Rhode Islanders in high-risk zones could face annual premiums of $20,000 or more.

Several Rhode Island towns are competing for the FEMA grants, including Westerly and Narragansett.

 

 

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Latest Comments

  • April 23, 2014 at 4:07 pm
    John Jones says:
    So we have people with multi-million dollar homes that want the rest of the taxpayers to pay for their improvements so their insurance can be lower. Nice. I guess they didn'... read more
  • April 22, 2014 at 5:12 pm
    Baxtor says:
    I agree. I live in Arizona and it gets pretty hot down here. Can I get grant money for more insulation in my home as well as a newer, more effecient AC unit? You know with t... read more
  • April 22, 2014 at 4:07 pm
    Whodathunkit? says:
    Where does FEMA get grant money? Tax payers? So taxpayers should pay for beach houses to be elevated. I'm not getting this. I need extra earthquake structuring in my home. Whe... read more
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