Texas to receive grant funding for flood plain demolition in Ike-damaged Galveston County.
Texas is getting nearly $103 million for buyouts of hundreds of homes on the flood plain in Hurricane Ike-damaged Galveston County.
The Federal Emergency Management Agency on Wednesday announced the funding to acquire and demolish 759 buildings in an effort to avoid future structure disasters. FEMA says the federal government will pay 75 percent of the total cost, estimated at almost $137 million. Administrator Tony Russell says it is the largest Hazard Mitigation Grant Program project funded by FEMA in Texas.
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