House flooded

efil4stnias said
ive never heard of FEMA buying the land/home.

They will place you in the Severe Repetitive loss program which then qualifies you for grants to raise your home. Up to 75% of cost. ( and if State kicks in, usually 15% - its 90% ) and the average rate around 2009-11 was close to $100,000...of which 90k was pad for thru state/federal funds.

That was an average cost- obviously different from home to home.
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My parents were bought out. It might have been the city that ultimately did it. I know they worked with them and Homeland as it was a fed program.

They had to get 3 estimates and got 90% of the estimate. The land is slated to become a greenspace aka park with no facilities so a flood would not cause any substantial loss.