Legacy property managed retreat studies; JLARC to study, non-federal sponsor contributions.
JLARC must study managed retreat strategies for flood-prone Virginia properties and non-federal funding mechanisms to guide climate adaptation policy.
JLARC must study managed retreat strategies for flood-prone Virginia properties and non-federal funding mechanisms to guide climate adaptation policy.
HJ 20 directs the Joint Legislative Audit and Review Commission (JLARC) to conduct a comprehensive study of managed retreat strategies for legacy properties in Virginia, with particular focus on non-federal sponsor contributions and funding mechanisms. The bill essentially requests an investigation into how Virginia communities can strategically relocate or abandon vulnerable properties rather than continuously repairing flood-prone or climatically at-risk structures.
Managed retreat—intentionally moving away from hazardous areas—is increasingly recognized as a climate adaptation strategy, but it requires complex coordination between government, property owners, and funding sources. This study could inform Virginia policy on buyout programs, relocation assistance, and cost-sharing arrangements, potentially affecting how the state allocates resources for coastal and flood-prone communities facing repeated disaster losses.
Compiled from official sources — confirm details with the bill’s official record.
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