Will someone be able to rebuild and make a profit on the property I sell in an HMGP acquisition project?
Under the Stafford Act, any land purchased with HMGP funds must be restricted to open space, recreational, and wetlands management uses in perpetuity. Most often, a local government takes responsibility, but even if a State or Federal Agency takes ownership of the land, the deed restrictions still apply.
Last Modified: Thursday, 09-Jul-2009 11:58:58 EDT