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Rising insurance costs point to rising flood risk for Lafayette
Rising flood insurance costs under FEMA’s new Risk Rating 2.0 system are pushing up costs for Lafayette homeowners. But the rising rates belie a largely unseen level of risk.
Rising flood insurance costs under FEMA’s new Risk Rating 2.0 system are pushing up costs for Lafayette homeowners. But the rising rates belie a largely unseen level of risk.
With an aging stock of existing homes, and effectively no new construction below $200,000, Lafayette’s first-time homebuyers are being shut out of the market.
Increases of more than 50% are expected for National Flood Insurance Program policies in nine of the 10 ZIP Codes that cover the Lafayette area. That represents 15,000 single-family homes.
Lafayette Consolidated Government’s latest annual audit identifies a slew of new issues that Mayor-President Josh Guillory’s administration says do not need to be addressed.
Lafayette’s councils will consider a deal to takeover maintenance of 26 miles of state roads in a $25 million deal with the state government.
More changes could be coming to Louisiana’s Public Records Law, a year after legislation led to new public records fees at LCG and a lawsuit filed by media organizations to topple them.
Lafayette’s city and parish councils will meet behind closed doors Tuesday as they seek answers from the Guillory administration about its lawsuit against a state retirement system.
A new Habitat for Humanity home in the historic La Place neighborhood near Downtown could be a model for homes that create more energy than they use and meet some of the nation’s highest construction standards.
Lafayette’s controversial Library Board will see two new appointments this month as council members fill a vacancy and vote on adding one of themselves to the board.
Billed as a way to save millions, LCG’s withdrawal from the state municipal pension system has been a drawn-out, messy affair that’s now headed for court.
The council’s contracted auditor turned over its findings, which will remain confidential until and unless the LLA decides to release them.
Requiring short-term rentals to register with the city is a likely compromise, but operators and opponents remain divided on restrictions like conditional permitting.
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