Homeowners affected by Rancho Palos Verdes landslides eligible for buyouts ...Middle East

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Homeowners affected by Rancho Palos Verdes landslides eligible for buyouts
By Zakir Jamal Click here for updates on this story     10/29/24 (LAPost.com) — Residents of Rancho Palos Verdes’ Portuguese Bend have been beset by an intractable problem for years. Entire areas of the neighborhood are creeping downhill at a rate of almost one foot per week. In September, the city issued an evacuation order for more than 200 affected homeowners. Now, they may be eligible to claim compensation. The Federal Emergency Management Agency and the California Governor’s office have offered residents the chance to take part in a $42 million buyout. The program will give those affected by the landslide the chance to leave homes and businesses, which have languished for alm

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