Skip to content
The Miami

Wetland development cost Florida homeowners $1.6B in flood damages, study finds

Wetland development cost Florida homeowners $1.6B in flood damages, study finds
Photo: The Real Deal · view original

Development of Florida’s wetlands has saddled homeowners with a whopping $1.6 billion in flood damages, according to a new study. The study, conducted by the Massachusetts Institute of Technology, found Florida’s wetland mitigation banking program has increased flood risk in urban areas by allowing

Sources and story details