TIPTON — The city of Tipton is going to apply for funding through the Indiana Department of Homeland Security to purchase several flood-prone homes along Big Cicero Creek.
Mayor Don Havens said the city was notified there is some funding available for flood mitigation, but the application has to be submitted by Sept. 10.
Tipton will be required to provide 25 percent in matching funds, money that Havens said the city has available.
“This is a voluntary program,” Havens told members of the Tipton Common Council on Monday. “This is an opportunity for people to receive a fair value for their property. There is interest in the program.”
Havens said he would like to see as many as nine houses purchased and demolished in the Big Cicero Creek floodplain.
An informational meeting is set for 6:30 p.m. Wednesday at the C.W. Mount Community Center.
The Hazard Mitigation Grant Program uses money obtained through the Federal Emergency Management Agency to purchase property and convert it to open space.
Any property owner who has been impacted by flooding may be eligible for participation in the program.
Howard County used FEMA funds to purchase property along Wildcat Creek that was impacted by flooding.
A total of 17 properties were purchased at a total cost of $1,788,000.
FEMA awarded a $1.3 million grant to Howard County for the purchase of the homes. Howard County, through the Indiana Housing Authority Community Development Block Grant program, provided $447,146 in matching funds.
Appraisals were obtained on the impacted properties, and the owners were offered the average of the appraisals for their property.