About the Program​​

The Resilient SRQ Voluntary Buyout Program is designed to acquire properties impacted by Hurricane Ian (2022) and in flood-prone areas as a mitigation strategy. With $6,458,250 allocated to the program, it prioritizes low-to moderate-income (LMI) homeowners in repetitive loss areas who have limited recovery resources, helping to reduce future disaster risks while promoting resilience in Sarasota County.

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Program open Feb. 28, 2025 through April 30, 2025.

 

Step 1: Public entities on behalf of interested and eligible homeowners can submit an application after Monday, March 3. 

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An online survey will open Feb. 28 for homeowners who would like to express interest in the program. The survey will close on Friday, March 28.

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Please note: By filling out this survey, you are indicating interest in a voluntary buyout of your home and the information you provide will be shared with the applicable governmental jurisdiction where your home is located for consideration for this program. Submitting this survey does not guarantee funding or an award.

 

Step 2: Resilient SRQ staff will review applications and make scoring recommendations to the Sarasota County Commission.

 

Step 3: The Sarasota County Commission will review and make a final selection of projects for funding.

 

Step 4: Selected projects will be purchased by the applying public entity, which will be reimbursed through a subrecipient agreement outlining specific CDBG-DR funding requirements.​