NY Gov. Cuomo Proposes Buying Homes Devastated By Sandy To Preserve Flood Prone Areas

NEW YORK, NY - FEBRUARY 05: Staten Island residents and members of an Oakwood Beach homeowners association speak with City Council Speaker Christine Quinn in their heavily flood damaged neighborhood on February 5, 2013 in New York City. In a program proposed by New York Governor Andrew Cuomo, New York state could spend up to $400 million to buy out home owners whose properties were destroyed by Superstorm Sandy. The $50.5 billion disaster relief package, which was passed by Congress last month, would be used to fund the program. If the program is adopted, homeowners would be relocated and their land would be left as a natural barrier to help absorb future floods waters. (Photo by Spencer Platt/Getty Images)