Floodplain Home Buyout Program
The St. Joseph County Voluntary Floodplain Home Buyout Program is administered by the County’s Department of Infrastructure, Planning and Growth through the Division of Public Works. With assistance of the St. Joseph County Drainage Board and the Emergency Management Agency (SJCEMA), it is funded with two Federal Emergency Management Agency (FEMA) grants and local matching funds. The totals for both programs are:
|Grant Program Name||Phase 1: Pre-Disaster Mitigation Grant||Phase 1A: Hazard Mitigation Grant|
|Federal Matching Funds||$2,162,080||$549,531|
|Local Matching Funds||$720,693||$183,177|
Each program will provide those owners of selected homes with the opportunity to sell their property to the County at its Fair Market Value (FMV), as established by two independent and qualified appraisals. Once offers are accepted and transaction is completed, the house will then be demolished by the County and returned to open green space in perpetuity in accordance with FEMA guidelines, designed to hold floodwater.
Buyouts are an effective tool for long-term damage reduction. For homes that were built prior to flood hazard building regulations, buyouts permanently reduce the hazard of the loss of life and property from an future significant flood events.
For the community’s taxpayers, buyouts reduce the future public costs to the County, State, and federal agencies that provide evacuation, emergency shelter, and debris removal services. In addition, buyouts provide the added benefit of improving local flood storage and conveyance, while enhancing habitats for plants and animals and improving water quality.
All buyouts for these two programs are strictly voluntary and typically take 1-2 years from start of application process to acquisition and demolition of property.
Appraisal Request for Proposals
Due Date: June 3, 2020 at 10:00am
St. Joseph County is requesting proposals for two independent appraisals for each property who are part of the FEMA Pre-Disaster Mitigation Grant and the FEMA Hazard Mitigation Grant. The appraisal will include:
- A Fair Market Value (FMV) appraisal based on the January 1, 2016 assessed value of the property. Since this is a pre-disaster mitigation grant, St. Joseph County was requested to base all cost estimates off the assessed value and condition of the home prior to the flooding that occurred. The first major flooding event occurred in August 2016.
- St. Joseph County will own the deed to the property, which upon acquisition will remain green-space in perpetuity pursuant to FEMA Pre-Disaster Mitigation guidelines.
- Appraisal will cover all structures, appurtenances and improvements currently on the property.
For more information, please go to the St. Joseph County Bid Opportunities Page.