Disaster Recovery Library: Buyout

Grantees can use CDBG-DR or CDBG-MIT funds to create a buyout program to purchase properties in qualifying target areas prone to flooding or other disaster events. Grantees often demolish the properties to create park amenities, open space, or flood storage/overflow areas. Buyout programs are often used 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 in public spaces.

All Resources

CDBG-DR Only

URA-104d One Page Overview

Date Published:
Grant Type: CDBG-DR
Program Area: Buyout; Economic Revitalization; Homeowner Rehabilitation; Relocation; Infrastructure; Multifamily Rental Housing; Small Rental Rehabilitation; Supportive Housing and Sheltering
Topic: Relocation
Phase: Launch; Pre-agreement
Disaster Year: 2017-2019 Disaster Events

Disaster Recovery Buyout Award Calculation Methodology (Advanced)

Date Published: March 2013
Grant Type: CDBG-DR
Program Area: Buyout
Topic: Data/Data-sharing; Financial Management; Recordkeeping
Phase: Implementation; Launch
Disaster Year: Not Specific

Disaster Recovery Buyout Overview, Considerations, and Strategies

Date Published: March 2013
Grant Type: CDBG-DR
Program Area: Buyout
Topic: Policies and Procedures/Process Mapping; Recordkeeping
Phase: Implementation; Launch
Disaster Year: Not Specific

Disaster Recovery Buyout Application for Businesses

Date Published: March 2013
Grant Type: CDBG-DR
Program Area: Buyout
Topic: Policies and Procedures/Process Mapping; Recordkeeping
Phase: Implementation; Launch
Disaster Year: Not Specific

Disaster Recovery Buyout Relocation Voucher Guidelines

Date Published: March 2013
Grant Type: CDBG-DR
Program Area: Buyout; Relocation
Topic: Data/Data-sharing; Policies and Procedures/Process Mapping
Phase: Implementation; Launch
Disaster Year: Not Specific

Disaster Recovery Buyout Demolition Checklist

Date Published: March 2013
Grant Type: CDBG-DR
Program Area: Buyout
Topic: Policies and Procedures/Process Mapping; Recordkeeping
Phase: Implementation; Launch
Disaster Year: Not Specific

CDBG-MIT Only

CDBG-MIT Webinar Series: Buyout Program Guidance and Best Practices

Date Published: January 2021
Grant Type: CDBG-MIT
Program Area: Buyout
Topic: Policies and Procedures/Process Mapping; Relocation
Phase: Implementation; Launch
Disaster Year: Not Specific

CDBG-DR Only

URA-104d One Page Overview

Date Published:
Grant Type: CDBG-DR
Program Area: Buyout; Economic Revitalization; Homeowner Rehabilitation; Relocation; Infrastructure; Multifamily Rental Housing; Small Rental Rehabilitation; Supportive Housing and Sheltering
Topic: Relocation
Phase: Launch; Pre-agreement
Disaster Year: 2017-2019 Disaster Events

Disaster Recovery Buyout Award Calculation Methodology (Advanced)

Date Published: March 2013
Grant Type: CDBG-DR
Program Area: Buyout
Topic: Data/Data-sharing; Financial Management; Recordkeeping
Phase: Implementation; Launch
Disaster Year: Not Specific

Disaster Recovery Buyout Overview, Considerations, and Strategies

Date Published: March 2013
Grant Type: CDBG-DR
Program Area: Buyout
Topic: Policies and Procedures/Process Mapping; Recordkeeping
Phase: Implementation; Launch
Disaster Year: Not Specific

Disaster Recovery Buyout Application for Businesses

Date Published: March 2013
Grant Type: CDBG-DR
Program Area: Buyout
Topic: Policies and Procedures/Process Mapping; Recordkeeping
Phase: Implementation; Launch
Disaster Year: Not Specific

Disaster Recovery Buyout Relocation Voucher Guidelines

Date Published: March 2013
Grant Type: CDBG-DR
Program Area: Buyout; Relocation
Topic: Data/Data-sharing; Policies and Procedures/Process Mapping
Phase: Implementation; Launch
Disaster Year: Not Specific

Disaster Recovery Buyout Demolition Checklist

Date Published: March 2013
Grant Type: CDBG-DR
Program Area: Buyout
Topic: Policies and Procedures/Process Mapping; Recordkeeping
Phase: Implementation; Launch
Disaster Year: Not Specific

CDBG-MIT Only

CDBG-MIT Webinar Series: Buyout Program Guidance and Best Practices

Date Published: January 2021
Grant Type: CDBG-MIT
Program Area: Buyout
Topic: Policies and Procedures/Process Mapping; Relocation
Phase: Implementation; Launch
Disaster Year: Not Specific