Mayor Arthur J. Ward announced that the City of Bristol has been awarded $580,331 through the Federal Emergency Management Agency’s (FEMA) Hazard Mitigation Grant Program (HMGP) for the acquisition and demolition of up to four structures located in the floodplain. These properties qualify for HMGP funding based on their history of enduring severe flood damage during rain events.
Three properties qualifying for the program are located on Frederick Street, with the fourth property on East Main Street. Individuals participating in the HMGP program agree to sell their properties for 75% of the appraised values. Program participants will also receive 75% of costs incurred during the HMGP application process and property closing process. As part of the award packages, the City of Bristol will receive 75% of the costs to demolish the properties, which will be preserved as open space.
The mayor continued, in a press release, “The property owners eligible for these awards have continually experienced severe flooding problems throughout the years. The City of Bristol, in collaboration with FEMA and the State of Connecticut is gratified in providing these individuals HMGP program relief.”