Flood Risk Management Measures Being Evaluated
and Considered
Conveyance Improvement on Clear Creek and its Tributaries
Detention
Removal of Dredged Material
Clearing and Snagging
Bridge Widening
Buyouts
Ecosystem Restoration
What is a Buyout?
As a result of a federally implemented project, such as the Clear Creek Flood Damage
Reduction Project, property acquisitions are sometimes performed. These propery acquisitions are commonly referred
to as 'buyouts'. A buyout is the elimination of potential flood damage to houses or other
structures by acquiring and removing them. Buyouts are also performed through the Federal
Emergency Management Agency's (FEMA) buyout program.
The process followed by the USACE is different from that of FEMA. The Corps of Engineers follows guidelines outlined in the
'Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970' in providing relocation assistance to those affected.
In the process followed by FEMA, state and local communities administer buyouts using the
Federal funds made available by FEMA. For USACE buyouts, structures to be purchased are determined by the
Project Team (involving the USACE and all local sponsors) during the flood risk management
study. Different financial compensation is available to property owners involved in the USACE
buyout than those involved in FEMA buyouts.
Like all other flood risk management tools available to the Project Team, buyout of flood-prone property must be economically justified
with benefits exceeding costs to be included in the National Economic Development Plan.
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