State Offers Buyouts For Flood Damaged Homes
Published: May 30th, 2008
By: Jessica Lewis

State offers buyouts for flood damaged homes

NORWICH – Property owners who suffered enough damage during the 2006 flood to see a decrease in their property assessment could get some aid from the state.

At the May meeting of the City of Norwich Public Safety/Public Works Committee, Emergency Management Officer A. Wesley Jones said the state has allocated $15 million for the acquisition of one and two-family homes that were damaged by flooding and posed a future risk. Approximately $275,000 is estimated to be allocated to properties in Chenango County.

Eleven counties in the Southern Tier and Catskill region will be involved in the program, which will be overseen by the State Division of Housing and Community Renewal. In the past, the Federal Emergency Management Agency has administered similar programs, but this one will be administered by the state.

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