Texas Towns Take a Step Back from the Shore
Galveston, Texas, has adopted revised setback requirements for new construction near the beach, according to a report in the Galveston County Daily News ("Galveston tightens beach-front construction rules," by Rhiannon Meyers). Already under consideration before 2008's Hurricane Ike, the new rule gained momentum after Ike swept away many beachfront homes, ... more
Insurance Firm Model Depicts Storm Surge Risk in Fine Detail
Before Hurricane Katrina, hurricane damage was typically thought of in terms of wind. Hurricane Andrew, for example, which set records as the most costly hurricane in history when it struck Miami and South Dade County in 1992, did at least $26 billion dollars worth of damage — mainly from wind. ... more
Generous Tax Breaks Spur Rooftop Solar in New Orleans
A Federal stimulus-package tax credit that pays 30% of the installation cost for rootop solar electric panels has boosted the photovoltaic industry nationwide. But in Louisiana, there's also a state tax credit that pays for 50% of the cost — meaning that residents can buy and install solar panels for ... more
Some Chinese Drywall Homes Find Buyers
No question about it, Chinese drywall in a house depresses the building's market value. In Florida, a state Senate bill would require local tax assessors to take the bad drywall into consideration when appraising the value of homes, reports the Bradenton Herald ("Fla. lawmakers OK tax break for homes with ... more
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