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Lessons Learned From the Water Deluge

To help restore a healthy housing market in Houston, HUD must be engaged, flood insurance issues must be addressed and newer homeowners who have lost equity must receive special attention, such as credit availability.

By Lisa Brown | lisabrown | Updated on September 15, 2017

residential damage Harvey’s impact by the numbers shows a breakdown of the damage, most especially to homes.

HOUSTON—Hurricanes, tropical storms and floods are not unexpected in Houston and the surrounding Texas Gulf region. More than eight major floods or hurricanes have impacted the Houston MSA since 1998. But when Hurricane Harvey struck the region near Rockport, TX on August 25, the Category 4 storm was the strongest to hit the region since 1961, dumping 10 inches of rain per day for five days, causing extensive property damage due to flooding.

Many key think tanks, research departments and urban planning groups have taken a look at the impact of the water to draw some conclusions. For example, the Urban Institute Housing Finance Policy Center offers four perspectives via mapping on how the recent flooding impacted the city.

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