On April 11, 2008, the New York State Legislature announced that the Enacted Budget includes $15 million for the Greater Catskills Flood Remediation Program. Under the program, eligible counties in the Southern Tier and Catskill regions would apply to purchase one- or two-family homes damaged by floods since April 1, 2004 and determined to be at future risk.
In April of 2011, the New York State Legislature enacted a new bill to amend and extend the Program for Ulster County. As amended, the Program now gives preference to the purchase and demolition of homes located within two miles of the New York City Aqueducts, which are subject to water seepage. Any remaining funds may be utilized to purchase other flood-prone homes located in Ulster County. There are approximately $3.8 million dollars available for this purpose.
The initiative will allow homeowners to relocate from areas vulnerable to flooding. In order to qualify for the program, the home must be the primary residence of the owner, with a family income up to 150% of the Area Median Income, as defined by HUD. Homes purchased will be condemned and property will be dedicated for open space, recreational, wetlands, or flood mitigation purposes. The program will help to remove people and possessions from harm's way in areas that have been hit particularly hard by flooding in recent years.
Funding is being administered through the NYS Housing Trust Fund Corporation / NYS Homes and Community Renewal.
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Last updated on 03/15/12