Monroe County Residents are invited to participate in the New Rebuild Florida Voluntary Home Buyout Program

Monroe County Residents are invited to participate in the New Rebuild Florida Voluntary Home Buyout Program

MONROE COUNTY, FL – The State of Florida has allocated $10 million to Monroe County through the Community Development Block Grant-Disaster Recovery (CDBG-DR) Voluntary Home Buyout Program. The voluntary program was created to encourage risk reduction through the purchase of residential property in high flood-risk areas.

This program allows the government to purchase your property at the pre-Hurricane Irma fair market value for both the land and the structure. Priority properties are located in low- and moderate-income areas. Any existing structures will be demolished, and the property will be used for permanent open space, conservation, recreation, or stormwater management systems in perpetuity.

If you are interested in selling your property, fill out the Monroe County Voluntary Home Buyout Interest Survey at www.monroecounty-fl.gov/homebuyout and sign the “Voluntary Acknowledge Form” required by the State of Florida. If you previously completed the interest form indicating your interest in voluntary home buyout, you will receive a Voluntary Acknowledge Form in the mail, or you may also go online to view and print the form.

A public meeting will be held regarding the program on Monday, July 22 at 10 a.m. at the Board of County Commissioners budget meeting at the Marathon Government Center. For more information about the program, contact [email protected].

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