FLOOD06661

• County: Statewide
• Basin: Statewide
• Title: Mitigation Success Stories in the United States
• Date: 10/10/1991
• Prepared By: Association of State Floodplain Managers
• Floodplain - Doc Type: Educational/Technical/Reference Information

convince homeowners in the flood-prone Baptist Bottoms area to sell their homes and
relocate out of the floodplain. Eventually, they submitted a grant application to FEMA
for the acquisition of 54 homes.

Of the original 54 structures included in the application, 30 were actually acquired and
removed before the March 1998 flood. A revised and updated benefit-cost analysis for
this group fotmd that the acquisition was even more cost-effective than initially
projected.

An initial benefit-cost analysis determined that the project would be cost-effective. All
of the structures lay deep in the floodplain, and it was clear that damages from
repeated flooding in the future would take a heavy toll on the community.

Elba Analysis
. Project Cost
. Benefits
. Benefit-Cost Ratio
Geneva Analysis
. Project Cost
. Benefits
. Benefit-Cost Ratio

PROJECT COST
Elba $391,114
Geneva $ 672,555

$391,114
$517,293
1.32

$672,555
$1,329,373
1.98

FUNDING SOURCE
FEMA's Flood Hazard Mitigation Program

For copies of the comprehensive report entitled "Hazard Mitigation at Work - Two Alabama
Communities" contact FEMA Region IV at 770-2200-5200