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Exploring Allocations and Outcomes

• This study proposed and analyzed different allocations of funding to communities.
• For each of several project variants, the analysis defined where mitigation should occur, how many structures to elevate, and the estimated cost.
• Different project variants were defined in terms of the size/budget level of the project, the elevation standard applied when elevating residential structures, the project eligibility for areas where flood depths are expected to increase above the level where elevation is a cost-effective option, and how project work in different areas was prioritized.
• RAND developed a decision support tool that allows users to see the areas where structures are elevated once a project definition has been specified, explore projected project costs and counts of the structures mitigated in different geographic areas, compare the benefits and costs of different project variants, and compare alternative projects.

Overall Proposal Outcomes Appear Positive

• In many areas where the State proposes elevating structures, more than 50 percent of the population has low to moderate income, particularly in Terrebonne and Plaquemines parishes.
• The State's recommended project provides higher benefits than costs in each of the three parishes. The benefits and costs are lowest in Lafourche Parish because relatively few structures are elevated. Recommended nonstructural mitigation is more extensive in Terrebonne and Plaquemines parishes.
• The recommended project provides significantly higher benefits than costs at the parish level — net value results are $106 million, $2.5 million and $23 million for Terrebonne, Lafourche, and Plaquemines parishes, respectively, with correspondingly good benefit-cost ratios.