Illinois home buyout requests up dramatically after record flood year
Davis' team has received preapplications, called "notices of intent," on about 375 houses and 14 businesses statewide, he said, representing an estimated
"I have no doubt the spike is due to this year's flooding," he said. "Some of these places are saying they're just tired of it."
The state and the
The buy-outs help flood victims salvage some value from their homes, help local governments clean up deteriorating properties, and carry long-term benefits for the federal government, since a large portion of flood insurance claims are paid out with
Many of this year's buy-out requests came from February flooding in northern
Despite extensive flooding in
"It puzzles us sometimes," he said. "We sent letters to county board chairmen and mayors up and down the river," informing them about the program.
Some communities may not understand that the state buyout program is separate from
"I haven't received one word," about state buyouts, he said.
As seep water recedes and village employees tally the damage in
"Some folks are interested in a buyout," he said. "But most of the ones that I've seen and talked to, their attitudes are great. They've weathered through this crisis and a lot have come back."
The next few months, Aden said, will determine whether his town of just over 300 people sees permanent population loss.
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With preliminary applications in hand, the IDNR will now ask local jurisdictions to pick the homes they consider top priority, budgeting for purchase and demolition costs, which they must absorb until state reimbursement.
Over the next three weeks, municipalities will submit full applications on those properties, including detailed information about the location, history and conditions of each structure.
Then the IDNR will do cost-benefit analyses on each application, picking the buyouts that will generate the greatest long-term governmental savings.
"We're looking at structures that were either essentially destroyed or have been repetitively damaged," by flooding, Davis explained. "We also give points to jurisdictions that do a better job with flood plain enforcement, making sure people are building in the right places in the future."
The IDNR's mitigation program is funded by legislative appropriation, which varies greatly from year to year.
"Before that we hadn't gotten any money from the legislature for seven years," he added. "Part of the reason participation is so high right now is because people know there's actually money to be spent, and people are seeing there's money being spent in other towns."
Ultimately, most of the program's beneficiaries will receive preflood market value for their damaged properties if they take the buyout offer, Davis said.
Communities that missed the IDNR's June deadline may still have opportunities to seek buyouts from
Trump will have that option if statewide flood fight expenses and damages are found to meet or exceed
The disaster declaration would trigger several types of federal aid, including support to repair public infrastructure and federal mitigation buyout assistance routed through the
Both state and federal programs offer the same benefit to homeowners: a chance to leave the floodplain and salvage the value of their property.
But the
"There's more bureaucratic red tape to jump through with
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