Article 655XS Flood-prone northern NSW homes to be targeted under $800m buyback scheme

Flood-prone northern NSW homes to be targeted under $800m buyback scheme

by
Tamsin Rose
from World news | The Guardian on (#655XS)

About 2,000 homes could be purchased or retrofitted under plan being announced by Anthony Albanese and Dominic Perrottet

Homeowners in areas where major flooding poses a catastrophic risk to life" in New South Wales's northern rivers region will be eligible to sell their property to the government as part of a long-awaited $800m housing scheme.

Anthony Albanese and the NSW premier, Dominic Perrottet, will announce the plan in Lismore on Friday, almost nine months after residents used dinghies to save each other from roofs as flood water rose to never-before-seen levels in February and March.

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