NEWS

Urban Flooding is Chronic and Costly, but not Correlated with Floodplains

May 30, 2013 | News & Views

CHICAGO (May 14, 2013)—When it comes to flooding in cities, it makes little difference whether a property is located within a floodplain or not—damage happens, happens often, and can inflict significant costs. This stark lack of correlation between property damage claims and recognized floodplains is among the key findings of The Prevalence and Cost of Urban Flooding, a report released today by the Center for Neighborhood Technology (CNT).

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