Nightly News   |  May 16, 2013

Christie announces buyout plan for Sandy-damaged homes

New Jersey Gov. Chris Christie says the state will use $300 million in federal funding to allow homeowners to sell their storm-damaged properties. NBC’s Brian Williams reports

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>>> in the wake of sandy, new jersey governor chris christie announced today he is devoting $300 million in federal funds to buying back upwards of 1,000 damaged homes. some homes will be bought just to be destroyed, to keep people from building in harm's way in future storms.