View this article online: https://www.insurancejournal.com/news/southeast/2012/01/12/230956.htm
Jackson County supervisors have approved a payment of $500,949 to Island Winds Title Co. to close on seven homes.
According to The Mississippi Press, the action brings the county closer to completing its role in a federal buyout program meant to help give relief to residents in repeatedly flooded homes.
Planning director Michele Coats said once the seven homes are closed out, a total of 56 homes will have been purchased.
“I think we’ve already handled all of the single family residential homes that are occupied,” Coats said. “The next group includes some rental houses and ones that the owners said were not high priority.”
After hurricanes Georges and Katrina, the Federal Emergency Management Agency and Mississippi Emergency Management Agency offered to buy repeatedly flooded properties. The program is voluntary.
Residents eligible for buyouts are scattered across the county, including in the Pecan, Cumbest Bluff, Helena, Escatawpa and St. Martin communities.
There are 10 more homes on the purchase list, but Coats only expects a few to go through with the process.
Coats said she hopes to be complete by year-end.