LITTLE FALLS - FEMA has offered to raise 33 homes in Little Falls through a Repetitive Loss Grant, but homeowners in Little Falls say they want to have their homes bought out as a result of the flooding they've had to endure.

Residents argue that money used to fix the homes could have been used to buy the property. Town official admit losing homes means losing tax dollars. They also say many residents want to stay, but they'll consider buyouts on a case-by-case basis.

Pompton Lakes also received more than $4.5 million to raise 27 homes. The project is voluntary for homeowners.