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Fed gov allocates $230M to buy homes in flood-risk Ruidoso, NM.
The federal government has allocated $230 million to buy properties in Ruidoso, New Mexico, from landowners in high-flood-risk areas, as part of a long-term initiative to reduce disaster risks and help residents relocate.
Officials announced the plan during a public forum on March 25, 2026, attended by about 200 residents, emphasizing that participation is voluntary and aims to lower future recovery costs.
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El gobierno federal asigna $230 millones para comprar casas en Ruidoso, NM, donde hay riesgo de inundaciones.