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Pasco County details $585 million HUD recovery package and launches $205 million individual housing program
Summary
Pasco County officials told Port Richey residents that HUD approved a $585 million recovery allocation; the county has launched a $205 million individual housing program with priority for the most vulnerable households and strict HUD AMI rules that limit how funds can be spent.
Pasco County has received $585,000,000 in federal disaster-recovery funds and launched an individual housing program intended to help homeowners repair, rebuild or relocate after recent hurricanes, county recovery director Chuck Lane told a Port Richey town-hall audience.
Lane said the HUD-approved plan dedicates roughly $205,000,000 to the individual housing track and allocates other funds to infrastructure, mitigation and a $10,000,000 public-services pot. "Pasco County received $585,000,000 from the federal government," Lane said, and the county is now moving from planning to execution.
The program includes reimbursements for out-of-pocket storm-related expenses, repair and reconstruction grants, elevation funding when required by code, voluntary buyouts and temporary relocation payments. Lane described federal constraints that shape the program: "70% of the funds have to be spent on households that earn 80% of the area's median income…
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