Vermont H0466 establishes a voluntary buyout program for flood-prone properties and a homeowner assistance program.
Vermont H0466 proposes the creation of a voluntary buyout program for flood-prone properties that are ineligible for federal assistance. It also mandates the establishment of a homeowner assistance program to support elevating homes in flood-prone areas, relocating displaced residents, and rebuilding homes with flood-resilient materials and designs. The bill aims to enhance flood resilience and provide financial support to affected homeowners.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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