Disaster Recovery Buyout Program

This toolkit is intended for Community Development Block Grant Disaster Recovery (CDBG-DR) grantees to use in designing and implementing a buyout program. Grantees can use CDBG-DR funds to buy properties, both commercial and residential, in a target area with the intent to demolish the structures and create park amenities, open space, or flood storage/overflow areas. Such programs are typically part of a multi-pronged approach to community revitalization that includes relocation of residents and businesses in addition to business development activities. Buyout programs are especially effective in communities that have endured multiple disasters in the same neighborhood in the recent past, or sustained severe damage where there is high risk of additional disasters, such as a 100-year flood plain. These programs can help reduce the impact of future disasters while encouraging targeted revitalization efforts and public spaces.

Users should review the Buyout Program Overview, Considerations, and Strategies prior to using this tool.

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Buyout Program Overview, Considerations, and Strategies

Disaster Recovery Buyout Program Overview, Considerations, and Strategies

This document contains an overview of a CDBG-DR funded buyout program including considerations and strategies for designing and implementing a program.

Date Published: March 2013

Tool 1: Program Guidelines

Disaster Recovery Buyout Program Guidelines

This set of guidelines outlines a state-funded buyout program post-flood in which an impact-designated city or county may apply.

Date Published: March 2013

Tool 2: Application for Businesses

Disaster Recovery Buyout Program Application for Businesses

This application can be used to collection information from potential businesses to qualify for a CDBG-DR grantee's buyout program.

Date Published: March 2013

Tool 3: Award Calculation Methodology (Advanced)

Disaster Recovery Buyout Program Award Calculation Methodology (Advanced)

This award calculation methodology can be used by States evaluating the duplication of benefits requirement of the CDBG-DR Program in the context of a buyout program, and in combination with other housing programs, such as replacement housing.

Date Published: March 2013

Tool 4: Relocation Voucher Guidelines

Disaster Recovery Buyout Program Relocation Voucher (for Buyout Participants) Guidelines

These guidelines can be used to assist grantees who wish to incentivize residents who have participated in the CDBG-DR funded buyout program to remain in the jurisdiction.

Date Published: March 2013

Tool 5: Demolition Checklist

Disaster Recovery Buyout Program Demolition Checklist.

This checklist can be used to ensure the proper procedures are followed when demolishing a structure acquired via a voluntary buyout program.

Date Published: March 2013