Can New Orleans Save Its Homes From Flooding Again?

Twenty years ago Hurricane Katrina flooded hundreds of thousands of homes in New Orleans and killed over 1,800 people. In the aftermath, a quarter of the city's housing stock was left vacant or abandoned. The U.S. government has spent billions to rebuild homes, restore infrastructure, and fortify the levee system. But more may be needed to counteract the city’s slow decline into the sea. On top of that, parts of the federal response have been criticized for their complexity and impact on low-income homeowners. Today, the city is facing a housing crisis as homeowner insurance premiums and property taxes rise.

Chapters:
00:00 Introduction
01:42 Chapter 1 - Property damage
03:38 Chapter 2 - Redevelopment
05:28 Chapter 3 - Abandoned properties
07:29 Chapter 4 - Flooding

Produced, Shot and Edited by: Carlos Waters
Additional Camera: Natalie Rice
Senior Producer: Shawn Baldwin
Graphics: Jason Reginato, Christine Kim
Additional footage: Getty Images, Coastal Protection and Restoration Authority
Additional sources: National Institutes of Health, Office of the U.S. Trade Representative, ProPublica, Sierra Club, The Historic New Orleans Collection, Trust For Public Land, University of Illinois, University of Texas at Austin

» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision

About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.

Want to up your AI skills and be more productive? Take CNBC’s new online course on “How to use AI to be More Successful at Work" to leverage AI at work, and in life. Sign up now and use coupon code EARLYBIRD for an introductory discount of 30% off $67 (+ taxes and fees) through February 11, 2025: https://cnb.cx/40jZlNX

Connect with CNBC News Online
Get the latest news: https://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
Follow CNBC News on Facebook:
Follow CNBC on Threads: https://cnb.cx/threads
Follow CNBC News on X: https://cnb.cx/FollowCNBC
Follow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC

#CNBC

Can New Orleans Save Its Homes From Flooding Again?