ATLANTA – The State of North Carolina will receive nearly $1.2 million from the Federal Emergency Management Agency to acquire and demolish 11 Pender County properties located in a special flood hazard area.
The structures, damaged during Hurricane Matthew in 2016, will be demolished, and the land will remain open space in perpetuity.
FEMA will pay 75 percent or $1,186,820 of the $1,582,426 total cost of the project through FEMA’s Hazard Mitigation Grant Program (HMGP). Demolishing or moving a structure out of a high risk flood area is often the best solution for a property owner whose house has suffered substantial damage.
A National Institute of Building Sciences study recently found $6 in future disaster costs is saved for every $1 spent through mitigation grants.
To date, FEMA has approved nearly $63 million in HMGP funds for North Carolina as a result of Hurricane Matthew. HMGP provides grants to implement long-term hazard mitigation measures that reduce the loss of life and property due to natural disasters. The grants enable mitigation measures to be implemented during the recovery from a disaster.
Learn more about FEMA’s Hazard Mitigation Grant program online at www.fema.gov/hazard-mitigation-grant-program.
FEMA’s Mission: Helping people before, during, and after disasters.