AP: Flood buyout costs rise as storms intensify, seas surge

MOSBY, Mo. (AP) — The residents of this small riverside town have become accustomed to watching floods swamp their streets, transform their homes into islands and ruin their floors and furniture.

Elmer Sullivan has replaced his couch, bed and television. He's torn up water-buckled floorboards. And he put a picket fence against the front of his house to cover up a gap left when waters washed out part of the stone foundation.

"I just don't want to mess with it anymore. I'm 83 years old and I'm tired of it, and I just want to get out of it," Sullivan said.

Finally fed up, Sullivan and nearly half of the homeowners in Mosby signed up in 2016 for a program in which the government would buy and then demolish their properties rather than paying to rebuild them over and over. They're still waiting for offers, joining thousands of others across the country in a slow-moving line to escape from flood-prone homes.

Patience is wearing thin in Mosby, a town of fewer than 200 people with a core of lifelong residents and some younger newcomers drawn by the cheap prices of its modest wood-frame homes. Residents watched nervously this past week as high waters again threatened the town.

"It really is frustrating, because here we are, we're coming through a wet season. There's a chance that we could possibly flood, and we're still waiting," said Jason Stooksbury, an alderman who oversees the town's efforts to curb flooding. "It's not a good situation, but what are you going to do — it's the government process."

Over the past three decades, federal and local governments have poured more than $5 billion into buying tens of thousands of vulnerable properties across the country, according to an Associated Press analysis of data from the Federal Emergency Management Agency and the...