Rebuild Florida Hurricane Michael Voluntary Home Buyout Program

The Rebuild Florida Voluntary Home Buyout Program is designed to encourage risk reduction by providing funding for local governments to purchase residential property in high flood-risk areas to help reduce the impact of future disasters.

Local governments within the federal and state designated Most Impacted and Distressed (MID) areas for Hurricane Michael were able to apply for funding to acquire lots that are adjoined or adjacent to each other or single properties. Funds can also be used to leverage Community Development Block Grant - Disaster Recovery (CDBG-DR) funding as match for projects that are also eligible for the Federal Emergency Management Agency (FEMA) Hazard Mitigation Assistance (HMA) grant programs.

Webinar

To provide local governments with more information about the Rebuild Florida Voluntary Home Buyout Program,The Florida Department of Commerce (FloridaCommerce) hosted a webinar on September 9, 2020. A recording of the webinar, as well as the slides and transcript are available below.

Voluntary Home Buyout Program Documents

How to Apply

Application is currently closed.

Frequently Asked Questions (FAQs)

Eligibility

Local governments within the 12 counties that are MID-designated by the state of Florida and the United States Department of Housing and Urban Development (HUD) are eligible to submit applications.

Hurricane Michael MID Counties Map

Voluntary Home Buyout Program Timeline

  • August 20, 2020 - Application submission cycle opens.
  • September 9, 2020 - FloridaCommerce hosts webinar to provide more information about the program.
  • November 30, 2020 - Application submission cycle closed at 5:00 p.m. EST.
  • January 28, 2021 - Applicants received notice of intent to award.
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