DEP sets aside funds for northern NJ flood buyouts

SADDLE BROOK - Plans to provide nearly $500,000 in state funds that would help a northern New Jersey town buy eight flood-prone homes have cleared another hurdle.

The state Department of Environmental Protection reportedly says that the funding for Saddle Brook is part of more than $123 million in Green Acres open-space acquisition and recreational development projects that were recently approved by the Garden State Preservation Trust.

But before the town can get the $487,500 it's due to receive, the state Legislature must include the funding in an appropriations bill and Gov. Chris Christie would have to sign the measure.

If the money is eventually allocated, it would be provided to Saddle Brook as a matching grant. That means the town also would have to come up with $487,500.

AP wire services contributed to this report.

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