Florida Department of Economic Opportunity Announces $22 Million for Voluntary Home Buyouts in Communities Impacted by Hurricane Sally

Local governments in Bay, Escambia, Okaloosa, Santa Rosa, and Walton Counties can now apply for funding Tallahassee, FL – Today, the Florida Department of Economic Opportunity (DEO) announced that $22 million is now available to communities impacted by Hurricane Sally through the Rebuild Florida Hurricane Sally Voluntary Home Buyout Program (VHB). The program reduces the risk of future property loss and recurrent flooding by funding the purchase and re-purposing of residential properties in high flood-risk areas. Applications will be accepted through Friday, April 14, 2023, and additional information is available on the Rebuild Florida Hurricane Sally VHB webpage . State agencies and local governments within the federal and state Most Impacted and Distressed (MID) areas are eligible for funding to acquire secured contiguous lots or single properties. Funding can also be used as leverage to match funding for projects that are also eligible for the Federal Emergency Management Agency the Hazard Mitigation Grant Match Program. Eligible counties include: • Bay County • Escambia County • Okaloosa County • Santa Rosa County • Walton County To provide potential applicants with more information about Rebuild Florida programs for Hurricane Sally, the Department is hosting a webinar on Thursday, February 2, 2023, […]

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