If you’re a homeowner or potential buyer in Philadelphia’s Northern Liberties, South Kensington, or Ludlow neighborhoods, there’s important news you should know. A critical flood mitigation project that could protect over 1,000 basements from storm-related sewage backups may now face serious funding challenges — and it could hit local residents in the wallet.

The Cohocksink Storm Flood Relief Project, a major infrastructure initiative led by the Philadelphia Water Department, aims to construct 1,600 feet of new sewers. This upgrade would double sewer capacity and significantly reduce the risk of basement flooding during heavy rain, especially in areas where Philadelphia’s combined sewer system tends to overflow.

Initially, the project was set to receive $25 million in federal funding from the Federal Emergency Management Agency (FEMA) through its Building Resilience Infrastructure and Communities (BRIC) program. However, as of now, those funds have not been delivered — and FEMA is now terminating the BRIC program altogether as part of broader cuts to climate resilience funding.

What This Means for Philadelphia Real Estate

Without FEMA’s financial support, local ratepayers could be forced to shoulder the full cost of the sewer project. This could lead to higher utility rates and possibly stall or delay other important improvements. For real estate buyers, particularly those exploring properties in flood-prone areas, this highlights the increasing importance of evaluating flood risk and infrastructure resilience.

Flooding isn’t just a seasonal inconvenience — it can impact property values, home insurance rates, and livability. Homebuyers are encouraged to work with knowledgeable agents who understand the nuances of neighborhood infrastructure and can guide them to properties with strong long-term investment potential.

Other Projects at Risk

This isn’t the only project at risk. FEMA had also pledged $6 million to protect the Queen Lane Raw Water Pump Station, a key facility in the city’s drinking water system, by funding emergency generators. Another pending BRIC application would fund a $50 million flood-resistant pump station at the Northeast Water Pollution Control Plant.

If all BRIC funding is withdrawn, Pennsylvania stands to lose up to $210 million in future disaster mitigation funds — a serious concern as climate change continues to increase the frequency and severity of extreme weather events.

Why This Matters to You

As a homeowner or someone thinking about buying or selling in Philadelphia, staying informed about these infrastructure issues is crucial. Projects like the Cohocksink Flood Relief initiative not only protect homes and neighborhoods — they preserve property values and support the city’s long-term sustainability.

If you're looking to buy or sell in areas like Northern Liberties, South Kensington, or Ludlow, our team can help you assess flood risk, infrastructure plans, and investment potential with up-to-date local expertise.

Originally reported by PlanPhilly | April 11, 2025