Grants directory
Flood Grant Buyout Program
City of Bettendorf · City program
Buyout offer amount varies by property; one example offer was $152,000, with a homeowner appraisal of $185,000
Bettendorf has a flood buyout program that uses disaster mitigation funding to purchase homes in the Duck Creek flood plain. Homeowners are paid for their property, and the homes are demolished afterward.
Program details
How it works
The City of Bettendorf reported that it was awarded funding from the Iowa Homeland Security and Emergency Management Division and FEMA to purchase real estate located within the Duck Creek flood plain. The purchased homes are then demolished and the area is left as greenspace.
What the money covers
This is a property buyout program, not a repair grant. The city uses the funding to acquire flood-prone homes.
Amounts and matching
The official council packet does not state a standard dollar amount for each property on the page excerpt provided. It does, however, show a specific buyout offer of $152,000 for one home, and an appeal based on a homeowner appraisal of $185,000.
How to apply
The page is a council action packet rather than a homeowner application page, so it does not describe a public application process.
Timing and deadlines
The packet is dated May 20, 2024. The page does not state whether the program is currently open, closed, or exhausted, only that the city was actively handling a buyout appeal at that time.
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