Bill > H0466

This bill proposes to establish a comprehensive flood response strategy for Vermont, focusing on two key programs designed to help homeowners in flood-prone areas. First, the Agency of Commerce and Community Development would create a voluntary buyout program targeting properties that do not qualify for Federal Emergency Management Agency (FEMA) buyouts or have been identified by municipalities as needing flood-resilient redevelopment or floodplain restoration. Second, the bill would implement a homeowner assistance program providing financial support for several critical flood mitigation efforts, including elevating homes in flood-prone areas, helping displaced residents secure permanent housing, and rebuilding homes using flood-resistant materials and design techniques. By offering these voluntary programs, the bill aims to increase community resilience, reduce future flood damage risks, and provide meaningful support to homeowners impacted by flooding in Vermont.

Housing and Urban Affairs

https://legislature.vermont.gov/bill/status/2026/H.466