Westwood Buying Fourth Flood-Prone Home With Grant
The borough purchased three other flood-prone homes with grant money from FEMA and the DEP last month.
Westwood officials voted to purchase a fourth flood-prone home with grant money during their council meeting Tuesday. The borough closed on three other flood-prone homes using grant money from FEMA and the Department of Environmental Protection last month. The first three houses cost about $1.1 million of the approximately $2 million in grants the borough received. The next house the borough will purchase is 23 Nugent Place. The home was appraised in the mid $400,000s, but the exact price to be paid has not yet been determined, according to Borough Administrator Robert Hoffmann. FEMA's formula, which subtracts some money previously paid for repairs, will have to be applied before the final price is set, he said. Officials said they …
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7:58 pm on Sunday, January 13, 2013
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