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<br /> <br /> <br /> <br />CHAPTER 2 <br />SUSTAINABLE HOUSING <br /> <br />Hurricane Floyd will be remembered for its impact on tbe bousiug sector in :\orth Carolina. The flooding ieft <br />approximately 11,000 homes in eastern North Carolina eitber destroyed or with major damage. .\loreover, <br />tbe hurricane struck a region that is among the mosl economically distressed in the state, According to a <br />nmking system developed by the North Carolina Department of Commerce, 10 of the state's most economi- <br />cally distressed counties are located in the 67-county impact area of C'aslern :\orth Carolina.' <br /> <br />VULNERABILIlY OF HOUSING TO HURRICANE FLOYD <br /> <br />A combination of faclors has contributed to Hurricane Floyd's impact on housing in e'l,tern North Carolina, <br /> <br />Vulnerability of Housing Stock <br /> <br />Of the 11,000 homes that were destroyed or left with major damage, the vast majority were located in the <br />I OO-year floodplain. .\lany communities - including Belhaven, Washington, Kinsloo, and Greemille - were <br />developed in the floodplain during the eighteenth ,md nineteenth centuries, with trade, commerce and <br />residential development tied to the waterfronts, Community identity and a "sense of place" is shaped by the <br />activities that take piace 00 the water. <br /> <br />Lack of Flood Insurance Coverage <br /> <br />Of the 45,000 houses that were flooded in Hurricane Floyd, an estimated 80 percent are uninsured. Further- <br /> <br />21 <br />