Benefit/Cost Ratio

News

Reduce Flooding: City of Houston Re-evaluating Benefit-Cost Ratio on Lake Houston Gates Project Alternatives

According to minutes of the Coastal Water Authority (CWA) February 9 board meeting posted in March, work on the project to add more gates to Lake Houston was paused in January while the City of Houston updated the project’s benefit-cost ratio. CWA Board Minutes Give High-Level Overview of Concerns, Status Earlier, in December, the board […]

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Reduce Flooding: Equity Myth Buster: ā€œRich Neighborhoods Get All the Flood-Mitigation Fundingā€

A myth being promulgated in the Harris County Courthouse and certain low-income watersheds these days goes something like this: The FEMA Benefit/Cost Ratio used to rank grant applications for flood-mitigation projects favors high-dollar homes. That disadvantages poor, inner-city neighborhoods compared to affluent suburbs. Therefore, poor neighborhoods get no help and the rich neighborhoods get it […]

The post Equity Myth Buster: ā€œRich Neighborhoods Get All the Flood-Mitigation Fundingā€ appeared first on Reduce Flooding.

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