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Damage resulting from ongoing land movement in the area has forced power shutoffs to homes in Rancho Palos Verdes , California.If you're enjoying this article, you'll love our daily newsletter, The LA Report. Each weekday, catch up on the 5 most pressing stories to start your morning in 3 minutes or less.Residents affected by land movement in Rancho Palos Verdes have until Friday to submit an application for the city’s Voluntary Property Buyout program.
“Initially, when the dollar amount was made available to the city, your initial reaction is $42 million is a lot of money,” Mihranian said. “If you go back to October or December of 2022, before the landslide, the values are probably in a different place than they are currently, and maybe a better place, you start to realize you're not going to be able to purchase several properties.
Any time there is a federally declared disaster in California, the state becomes eligible for funds through FEMA’s Hazard Mitigation Grant Program. The current program’s funding is coming fromIn California, Mihranian said, the federal government declares at least one disaster typically every year. With that declaration, local governments are given federal funding to help rebuild.
The city has already distributed $1.9 million in these grants with funding for the program coming from Los Angeles County Supervisor Janice Hahn’s office.Above average rainfall over the last two winters accelerated land movement in the historic landslide complex in the Greater Portuguese Bend area of the city, upending neighborhoods.
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