Tag: Property risk categories
Posted inBayBuzz Reporting, HB councils, HB Recovery, Public Interest Journalism funded by NZ On Air, Spending

Buyout of worst flood-affected properties announced

by Bonnie Flaws, Public Interest Journalism funded by NZ On Air

A Government/council funding arrangement for the voluntary buyout of Category 3 residential properties was announced by Cyclone Recovery Minister Grant Robertson on Thursday morning. The funding arrangement would also be used to offer protection for Category 2 designated properties in flood-affected regions. Category 3 properties (236 in HB) face future severe weather event risk that […]

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