FEMA buying out 90 flood damaged Vt. homes, so farThe Associated Press | March 16,2013AP Photo
A house lies in ruins from Tropical Storm Irene in Rochester. The Federal Emergency Management Agency has agreed to buy out 90 properties across Vermont that were damaged by flooding.MONTPELIER — The Federal Emergency Management Agency has agreed to buy out a total of 90 properties across Vermont that were damaged by Tropical Storm Irene and other 2011 flooding.
Eight structures were deemed ineligible for the federal hazard mitigation program and 24 applications are still pending.
FEMA has committed $12.8 million for the 90 structures, mostly homes, which have been approved so-far. The pending acquisitions total $6.1 million.
FEMA’s hazardous mitigation program pays a portion of the pre-flood value of structures in areas likely to be hit again by future flooding. The structures are then torn down so they can’t be damaged again.
Under the plan, communities buy the properties from the homeowner. The towns are reimbursed by FEMA for 75 percent of the pre-flood value of the property. The structures on the properties in flood prone properties will be removed. The communities then buy the properties from the property owners.
Earlier this week, the state announced it had found a different grant that could be used to help buy out five properties — four in Jamaica and one in Hartford — that did not qualify for the federal program.
The state is using the same grant used to buy the ineligible properties to help pay the 25 percent match on those that have been approved.MORE IN Vermont NewsThe sugar tax is back. Full StoryMONTPELIER — Vermont lawmakers are grappling with how close to perfect the state’s sex offender... Full Story
- Most Popular
- Most Emailed
- RICHARD'S POOR ALMANACK: On this day, 1700, Cascadia Earthquake, Magnitude 9 plus, strikes West Coast with tsunami effects felt as far away as Japan; in 1885, troops loyal to Sudanese Mohammad Ahmad conquer Khartoum; in 1992, Boris Yeltsin untargets U.S.
- RICHARD'S POOR ALMANACK: On this day in 971 AD, Southern Han war elephant corps defeated by Song Dynasty troops bowmen; in 1870, Montana, Marias massacre, U.S. kills 173 Native Americans; in 1941, Charles Lindbergh recommends neutrality pact with Nazis.
- TOMORROW'S HEADLINES TODAY: Bryanna Allen reports Castleton Downtown hosts open house, fire in Springfield leaves family without a roof of their own, suspected Bosnian war criminal trial goes to jury, Brent Curtis reports Rutland Town budget set to rise.
- TOMORROW'S HEADLINES TODAY: Bill in Legislature proposes naming beagle Vermont state dog; Associated Press looks back at year in opiate abuse; Shapiro's in Brandon soon to close after 75 years; probe shows illegal online gun sales booming.
- RICHARD'S POOR ALMANACK: On this day in 1861, JEFFERSON DAVIS resigns from the U.S. Senate to become president of the Confederate States of America, in 1908, NYC passes law forbidding women from smoking in public; in 1968, B-52 crashes, loses H-bomb.
- TOMORROW'S HEADLINES TODAY: Aldermen debate request for $75K from Zamias Fund for Wonderfeet museum, Bryanna Allen covers CSC Spring Convocation, proponents of sugary drinks tax meet press at State House, Neal Goswami reports revenue forecast for state.