FEMA/HUD Buyout Coordination
As result of flooding from Tropical Storm Irene in 2011 and other federally-declared floods, TRORC assisted with the buyout of over 150 residences and businesses across Vermont. This project paid landowners, who rarely had any flood insurance, the pre-flood value of their properties, often saving them from financial ruin. The funding enabled towns to demolish the homes and return them to perpetual greenspace without any local match. TRORC was even able to secure funding to construct parks on some sites. This program has ended and is transitioning to a VEM/RPC/VHCB ongoing program with state funding. For more information, please contact Kevin Geiger at TRORC. Download a PDF map of buyouts. Download a PDF report of our program here. See the final video summary here: https://www.youtube.com/watch?v=N_ZbLx-lAFo
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