Saturday, May 26, 2012

FEMA OKs Additional $5.5M for Buying Flood-Prone Properties in Penn.

May 25, 2012Email ThisPrintNewslettersTweetArticleComments

Federal Emergency Management Agency (FEMA) on Thursday approved more than $5.5 million in additional federal funding for property acquisitions in Pennsylvania that will permanently remove flood-prone properties from harm’s way. Additional projects continue to be approved as the application process moves ahead and program requirements are met.

An estimated $66 million is expected to be available to Pennsylvania for the property acquisition program as a result of Hurricane Irene and Tropical Storm Lee.

According to the FEMA announcement, the funds are being obligated through its Hazard Mitigation Grant Program (HMGP).


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