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In total, climate change could expose 3.5 million existing homes with nearly $2 trillion in value to a 10% or higher risk of annual flooding by 2100, Climate Central reported. (Credit: Gerald Herbert) In total, climate change could expose 3.5 million existing homes with nearly $2 trillion in value to a 10% or higher risk of annual flooding by 2100, Climate Central reported. (Credit: Gerald Herbert)

In the coming three decades the number of affordable housing units under risk of flooding will triple, according to Climate Central, which reported nearly every coastal state will have some units vulnerable to an average of at least more than one flood event annually. New Jersey, New York and Massachusetts have the highest number of units at risk.

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Steve Hallo

Steve Hallo is an assistant editor with PC360 Group. Prior to his current position, Steve spent nearly a decade covering retail transformation, consumer trends, manufacturing issues and supply chain challenges impacting global CPG markets. He can be reached at [email protected], and on LinkedIn and Twitter.  

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