Weighing the Future of Buyouts

Tuesday, May 9, 2017 | 9:30 a.m. - 10:45 a.m.
CM | 1.25
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You'll learn about:

  • Insights into the structure and function of buyout programs, including their social and economic impact
  • How and where to use buyout programs in flood-prone communities
  • What improvements can be made to buyout programs for program managers, municipal leaders and planners, and residents alike.
     

As more of our communities face rising seas and severe flooding along our shorelines, the case for adaptation to climate change is clearer than ever. Buyout programs will serve as an increasingly utilized adaptation tool and one that planners across the country will need to better understand. They will also need to be improved. Regional Plan Association in partnership with Lincoln Institute for Land Policy will be releasing its year-long study of buyout programs in the NYC Metropolitan Region in September 2016. The report includes a broad set of recommendations for improving buyout programs, case studies from around the region, along with a fiscal analysis of how buyouts impact a town's bottom line over the long run. This panel will serve as a forum to discuss the report's set of recommendations and will bring to life a few of the case studies through the perspective of a local mayor, a county economic development director and the manager of the a state buyout program. Participants will gain keen insights into the structure and function of buyout programs, how they work, how they can be used, and most importantly, how they can be improved.

Speakers

Deborah Hoffman , County of Passaic , Totowa , NJ (see bio)
Robert Freudenberg , Regional Plan Association , New York , NY (see bio)
Rachel Wieder , Director of New York Rising Buyout Program , New York , NY (see bio)
Maura Spery , former Mayor of Mastic Beach, New York , Mastic Beach , NY
Fawn McGee , New Jersey Department of Environmental Protection, NJ Blue Acres Program