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Terrebonne Parish Consolidated Government

 

​​​​​​​Grant Applications for Elevating or Rebuilding Homes OPEN September 30

Friday September 16, 2022 01:06 pm - 180 Views - Posted By Recovery Assistance & Mitigation Planning
​​​​​​​Grant Applications for Elevating or Rebuilding Homes OPEN September 30

Terrebonne Parish

Department of Planning and Zoning

Recovery Assistance and Mitigation Planning

FloodSafe Minute

Grant Applications for Elevating or Rebuilding Homes OPEN September 30

Grants up to 100% of the Cost

FEMA is also providing $800M for the Flood Mitigation Assistance program that funds the Parish elevation and reconstruction programs for repetitive loss structures. 

Terrebonne Parish is taking applications to elevate or demolish and rebuild Severe Repetitive Loss and Repetitive Loss properties with 100% or 90% federal funding respectively.  These are properties that have been repetitively flooded and identified by FEMA as prime candidates for risk reduction.  Residential and business properties can be submitted. 

For the first time, using funding from the Infrastructure Investment and Jobs Act (IIJA), people in census tracts that are listed as socially vulnerable can receive the 90% federal funding if they do not meet the repetitive loss definition, but still are at risk of flooding and want to elevate or rebuild.   

Applicants should supply a flood insurance policy with their application.  The National Flood Insurance Program (NFIP) provides these funds out of policy holder premiums, so any applicants must have a flood policy on the structure to successfully apply. 

Please call the Parish Planning Department Recovery Assistance and Mitigation Planning Division at 985-873-6565 for application materials or answers to questions.

Details

FEMA may contribute up to 100 percent federal cost share for Severe Repetitive Loss (SRL) properties within Individual Property Flood Mitigation Projects. An SRL property, as defined under 42 U.S.C. § 4104c(h)(3), is a structure that:

(a) Is covered under a contract for flood insurance made available under the NFIP; and

(b) Has incurred flood-related damage for which four or more separate claims payments (includes building and contents) have been made under flood insurance coverage with the amount of each such claim exceeding $5,000, and with the cumulative amount of such claims payments exceeding $20,000, or

ii. For which at least two separate claims payments (includes only building) have been made under such coverage, with the cumulative amount of such claims exceeding the market value of the insured structure.

FEMA may contribute up to 90 percent federal cost share for Repetitive Loss (RL) properties. An RL property, as defined under 42 U.S.C. § 4121(a)(7), is a structure covered by a contract for flood insurance made available under the NFIP that:

(a) Has incurred flood-related damage on two occasions, in which the cost of the repair, on the average, equaled or exceeded 25 percent of the market value of the structure at the time of each such flood event; and

(b) At the time of the second incidence of flood-related damage, the contract for flood insurance contains Increased Cost of Compliance (ICC) coverage.

All other structures would have to pay 25% of the costs unless they are in a socially vulnerable area.  As a result of FMA funding made available under the IIJA, FEMA may contribute up to 90 percent federal cost share for qualifying FY22 funding priorities.

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