Wednesday, September 14, 2016
Last Winter's flooding in West Alton was serious enough that a number of structures were substantially damaged. That means that damages exceeded 50% of the value of the structure. The four homes below are being elevated in order to comply with floodplain management requirements. The first step is to jack them up and rest them on cribbing. Home owners who have flood insurance can receive a payment to help offset the cost of the elevation. That is called an increased cost of compliance payment. I know two families that had paid for elevation before the flood out of their own pocket. The good news for them, is that they did not have to deal with the damages last winter.