Grants directory
Lycoming County Flood Buyout / Acquisition and Demolition Program
Lycoming County Planning & Community Development · County program
Fair market value for eligible acquired homes
Lycoming County used FEMA hazard-mitigation funding to buy flood-prone homes at fair market value and demolish them. The program is for voluntary buyouts of eligible homes in flood hazard areas, with the land then kept as open space.
Program details
How it works
Lycoming County’s annual report describes a flood buyout program in which the county acquires homes for demolition. The buyouts are voluntary and are part of the county’s hazard-mitigation work.
What the money covers
The county buys eligible homes at fair market value and then demolishes them. After demolition, the site is restored to natural floodplain conditions and must remain open space.
Amounts and matching
The report does not list a fixed grant amount. The benefit is the fair market value paid for the acquired property.
How to apply
The reviewed report does not provide application instructions or a public application link. It documents the county’s administration of buyout projects rather than a step-by-step homeowner process.
Timing and deadlines
The report says the county completed buyouts through 2021 and references HMGP and Flood Mitigation Assistance projects from 2019 onward. It does not state whether the program is currently open or provide deadlines.
Program context
The report identifies flood buyouts as a county hazard-reduction strategy for homes in flood-prone areas, especially those that are repetitively damaged. The aim is to reduce future flood risk by removing structures and preserving the land as open space.
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