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Resource ID: #22963
Subject: Insurance
Source: Times (Roanoke, Va.)
Date: 05/27/2006



"This package documented how an apartment complex built in a flood plain received $10.7 million -- more than twice its assessed value -- from the National Flood Insurance Program. Basked on figures obtained through FOIA, the story detailed how the federally backed insurance program allowed Willow River Apartments to rebuild time and time again in a flood-prone area where development is no longer allowed."

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