The National Science Foundation (NSF) awarded a $499,653 Project Grant to Rowan University to investigate how sea-level rise and coastal flooding impact the fiscal health and adaptation capacity of local communities. The research project, funded through the NSF's Engineering program (CFDA 47.041), aims to provide insights that will inform land use and planning policies to enhance municipal resilience to extreme coastal events. Specifically, the project will leverage advanced flood risk models to analyze the spatial and temporal patterns of how property devaluation and infrastructure disruption from flooding affect municipal tax revenues and governments' ability to invest in adaptation measures. The research findings are expected to offer new guidance to help local policymakers and planners in coastal regions cope with rising climate risks and develop integrated solutions to improve fiscal stability and flooding resilience. Subawards are planned as part of this three-year project, which is scheduled for completion by December 31, 2027.
Generated 2/25/25, 4:30 AM