{"id":1635,"date":"2024-05-22T14:08:32","date_gmt":"2024-05-22T18:08:32","guid":{"rendered":"https:\/\/deptest.nj.gov\/blueacres\/?p=1635"},"modified":"2024-05-31T11:59:18","modified_gmt":"2024-05-31T15:59:18","slug":"blue-acres-receives-approval-for-a-third-batch-of-fema-flood-buyout-funding","status":"publish","type":"post","link":"https:\/\/deptest.nj.gov\/blueacres\/blue-acres-receives-approval-for-a-third-batch-of-fema-flood-buyout-funding\/","title":{"rendered":"Blue Acres Receives Approval for a Third Batch of FEMA Flood Buyout Funding"},"content":{"rendered":"

May 22, 2024<\/em><\/p>\n

The Federal Emergency Management Agency (FEMA) has approved a third batch of Blue Acres buyout funding for <\/span>42<\/span> specific properties, following the <\/span>first batch approval<\/span><\/a> for 14 properties in January and the <\/span>second batch approval<\/span><\/a> for 37 properties in April. These batch approvals are part of the $50 million Hazard Mitigation Grant Program (HMGP) allocation for voluntary buyouts in New Jersey following Hurricane Ida\u2019s impact in September 2021. This thir<\/span>d batch approval brings the cumulative total of obligated post-Ida HMGP buyout funds to $42.9 million.<\/span>\u00a0<\/span><\/p>\n

Homeowners awaiting buyout funding opportunities, such as HUD-funded buyouts, can be assured that Blue Acres will provide timely updates on their cases as new information becomes available.<\/span><\/strong><\/em><\/p>\n

Blue Acres staff notified the owners of these 42 properties approved immediately via phone calls, emails, and certified mail. Blue Acres also assigned case managers to begin guiding the homeowners through the steps to receive a formal buyout offer. <\/span>The recently approved properties are across five municipalities: the Township of Delaware, the Borough of Dunellen, the City of Lambertville, the Borough of Manville, and the City of Rahway. <\/span>Blue Acres staff looks forward to providing buyout offers to the Batch 3 homeowners, as well as those still awaiting approval.<\/span>\u00a0<\/span><\/p>\n

The third batch approval is the largest yet and brings the total number of approved properties to 93 under HMGP. All properties proposed for HMGP <\/span>buyout <\/span>funding meet State and FEMA criteria for reducing flood hazard risks to life and property.<\/span><\/p>\n

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Flooding on Sept. 2, 2021 in the Lost Valley section of Manville, NJ<\/figcaption><\/figure>\n

Among the priority categories represented by the 42 homes in batch 3:\u00a0<\/span>\u00a0<\/span><\/p>\n