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Sarasota County launches ambitious homeowner buyout program

June 04, 2024 | Sarasota County, Florida


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Sarasota County launches ambitious homeowner buyout program
During a recent government meeting, Sarasota County officials discussed several key agenda items, including the approval of a voluntary housing buyout program aimed at mitigating flood risks. The meeting began with a review of the consent agenda, where commissioners unanimously approved items 2 through 8, while pulling item 7 for further discussion due to potential conflicts of interest involving an applicant linked to Centerstone, a behavioral health organization.

The primary focus shifted to the Resilient SRQ program, which has received $201.5 million from the U.S. Department of Housing and Urban Development (HUD) for disaster recovery efforts. Laurel Varnell, program manager, outlined the voluntary housing buyout initiative, which allows the county to purchase properties in flood-prone areas to convert them into open space. This initiative is part of a broader strategy to address unmet needs in low to moderate-income areas.

Two potential areas for buyouts were identified: the Myakkahatchee Creek in Northport and the Hidden River area near Myakka State Park. The board expressed a preference for focusing on contiguous properties in Northport, emphasizing the importance of conservation and open space. Commissioner Rainford voiced his opposition to government buyouts in general but acknowledged the necessity of addressing specific flood-prone lots.

Commissioners discussed the implications of the buyout program, including the need for a clear application process and criteria for property selection. They also highlighted the importance of collaboration with local municipalities to ensure effective implementation. The board agreed to further explore the Northport area for potential buyouts while considering the remaining funds for infrastructure improvements.

The meeting concluded with a commitment to continue discussions on the buyout program and its alignment with the county's long-term disaster recovery and infrastructure goals.

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