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Taylor County officials discuss allocating roughly $10.5 million of HMGP money to Elevate Florida
Summary
At a March 25 special meeting, county staff proposed allocating about $10.5 million (roughly 32.5% of the county's HMGP award) to the state'run Elevate Florida program to fund elevation or rebuilding for qualifying homes; the proposal is contingent on state approvals, applicant selection and required local match funding.
Taylor County commissioners and staff on March 25 discussed pledging a portion of the county's Hazard Mitigation Grant Program (HMGP) allocation to the state'run Elevate Florida program to help residents elevate or rebuild homes.
County staff said the county was allocated about $31.8 million in HMGP-eligible funds and proposed reserving approximately $10.5 million — calculated as support for 35 homes at $300,000 each — for Elevate Florida. Greg, a county staff member, said the $10.5 million figure represents about 32.5% of the county's HMGP allocation and noted that eligible projects still require a 25% local match and benefit-cost analysis review.
The proposal matters because Elevate Florida provides up to 75% of eligible project costs while homeowners must provide a 25% match. Greg told the commission that some residents may be reluctant to participate because the program can require maintaining flood insurance on the property. He also…
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