Four Vermont policy changes after July 2023 floods

Source: Vermont Public (July 10, 2024)

Significance: As of July 2024, Vermont requires property sellers and renters to disclose if FEMA rated their property as high or moderate-risk flood zone 

Description: This move is particularly important in the context of Vermont's increased vulnerability to flooding, as seen in recent climate-driven flood events. The state has experienced more frequent and intense flooding, which has caused significant damage to homes and infrastructure. By mandating these disclosures, Vermont is promoting transparency and ensuring that property buyers and renters are informed about flood risks and past flood-related issues. This helps individuals make more informed decisions about where to live or invest, and it also encourages property owners to address flood risks proactively, which could ultimately reduce future flood-related damage.