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FEMA Hazard Mitigation Acquisition Program (97.039)

The FEMA Hazard Mitigation Buyback Program is a potential tool to prevent repetitive loss and help resource survivors seeking a new home after a disaster impact.

To help minimize future flood losses the buyback program includes Acquisition and Structure Demolition/Relocation – The community buys, with FEMA funding, the property from the homeowner and demolishes or relocates any structures on the property.

Provider: Federal Emergency Management Agency - Hazard Mitigation Grant Program
Website: https://www.fema.gov/grants/mitigation/hazard-mitigation/property-owners
Eligibility: Individuals and Households, Non-Governmental Organization, State, Local, Tribal, or Territorial Government
Timeframe: Long-Term
Financial Resource Type: Grant

Please directly consult the provider of a potential resource for current program information and to verify the applicability and requirements of a particular program.