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Texas proposes $61 billion Harvey recovery planTexas proposes $61 billion Harvey recovery planhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=182482017-11-03T05:00:00Z2017-11-03T14:00:00Z

​​​​​HOUSTON – Governor Greg Abbott and top state leaders proposed a Harvey recovery plan to Washington officials and the Texas legislature Tuesday. 

The Rebuild Texas plan is estimated to cost $61 billion. It includes funding for three "coastal spines" to control flooding, new reservoirs, and buyouts of thousands of properties. It mirrors much of a longstanding plan in Harris County to buy ​out properties in the most flood-prone areas. 

About 60 percent of the funding would go to "future proof" flood-prone areas. The rest would fund buyouts and elevating buildings in low-lying regions along the coast.​​

Recently, the official total Harvey damage estimate was increased to $180 billion. The state's new request for federal funding includes only part of that. 

The projects were chosen from a list of needs by county and local officials. It includes U.S. Army Corps of Engineers projects that could mitigate the potential for future storm damage.

​​The list is not all-inclusive, and other projects could be added down the line.​​

Houston Chronicle
Houston-The Woodlands-Sugar Land
Economy
http://www.chron.com/news/politics/texas/article/Harvey-61-bi-Coastal-spine-flood-prevention-12320291.phpRead more at {Source}

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