Exploring Flood Risk for New York City Renters, Homeowners, and Communities of Color

During this webinar, the Federal Reserve Bank of New York will explore findings from two papers on flood risk to low-and-moderate income households in New York City. The papers, released earlier this year by the Community Development team, found that approximately one in ten low- to moderate-income people, immigrants, and racial and ethnic minorities in New York City live in a flood-prone census tract. 

The event will detail which New York City neighborhoods are most exposed to flood risk. Speakers will also discuss the financial impact of flooding on residents, including property loss and damage, lost labor hours, and health costs.