Virginia designed a promising way to bolster coastal areas vulnerable to sea-level rise. But it was never funded.
Peter Coutu reports in Governing on efforts to fund a unique climate resilience program in Virginia.
The Virginia Shoreline Resiliency Fund was a "first-of-its-kind" loan program when approved in 2016, Coutu writes, but it is a legislative shell—existing on the books but never receiving dedicated funding. He writes:
"Instead of just trying to mitigate current flood damage, the new revolving fund would help homeowners and businesses elevate their properties to prepare for sea level rise ... It would not only save residents a fortune on their property, but also maintain ever-important tax revenues for local governments on the coast."
Now, Virginia Conservation Network, a group of more than 100 environmental organizations, is calling on the state to dedicate $50 million annually to the fund. The region is especially vulnerable to climate change because the land is subsiding while the sea is rising, they say, and the program would help bolster resilience without losing government money.
Read the full story: Virginia Started a Unique Climate Change Fund. 2 Years Later, It's Empty.
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FREE Course: Walkable City 1: Why Walkability?
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City of Rosemead
Rutgers University, Edward J. Bloustein School of Planning and Public Policy
One Hundred Miles
University of Michigan School for Environment and Sustainability (SEAS)
Hunter College, City University of New York (CUNY)
The Architects Foundation
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Montrose County
The Pocatello Development Authority