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Feds Buying Out Flooded Paterson Homes

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A northern New Jersey city that was hard-hit by flooding last year will receive more than $4 million in federal funding to buy out homes in flood prone areas.

The Federal Emergency Management Agency has granted $4.3 million in funds to the city of Paterson.

The Record of Woodland Park reports the money will go toward the purchase of 33 homes in the flood-ravaged north side of the city along the Passaic River.

President Barack Obama visited the city in September, after it was hit by a series of weather events that left residences in water as deep as five feet and prompted emergency evacuations.

A spokesman for Rep. Bill Pascrell, Jr. says the program is optional for eligible homeowners.

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