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Flood Buyout Approval Nears for Branson



By: Sally Kaucher
Posted: Wednesday, January 16, 2013

Nearly two years after flooding devastated a number of homeowners, they could be nearing the end of their wait for relief.  Buyout programs will help the owners of homes considered substantially damaged.  Taney County Commissioners heard last week that two grant applications have been approved.  Approval should come before the end of the month for similar applications by the City of Branson.  The FEMA grant will cover 75-percent of the cost of the buyout, and a Community Development Block Grant through the Missouri Department of Economic Development will provide the required 25-percent match.  Garrett Anderson of the City of Branson says that once the city receives official approval, the homes will be appraised at pre-flood value…

Flood Buyout Approval Nears for Branson – Sally kaucher

Anderson says once official approval comes, the process should move quickly...

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Four homes in Branson qualify as substantially damaged.  All are located along Sunset Road.  The homeowners would receive the difference between the amount covered by insurance and the pre-flood value of their homes.  Similar grants to Taney County will cover buyouts for nine substantially damaged properties, largely in the Foggy River Road area. 


 
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