The federal program comes with up to $10 million and requires the borough to foot about a third of the bill. The study won't be completed until 2019, when it will be reviewed for possible approval.
This will be of no use for Ed and Val. Those folks have been in that house for near 60 years. The river was a good 1/2 mile or more away then. Their wish to remain there until they are gone will most likely not happen. They didn't build on the edge of a river. They couldn't even see the darn thing when they built. Saddens me that more wasn't done to help them.