Monday February 20, 2017 08:58 am - Posted By Recovery Assistance & Mitigation Planning
Terrebonne Parish is taking applications from owners of rental units to elevate their year-round rentals. Single family residences or duplexes are the primary target though greater units (based on footprint, feasibility and the cost of elevation) could be considered.
Changes in the National Flood Insurance Program have put pressure on the rental market. Rentals used as primary residences are still considered second homes just like a vacation home and the insurance may be more than the rental market can absorb.
The program will require a 25% match from the owner, and only properties that have been flooded and are at flood risk will be considered.
Call 985-873-6565 for more information or a form to apply. Application selections expected by mid-March, so call soon!
Jennifer C. Gerbasi
Recovery Assistance and Mitigation Planning
Department of Planning and Zoning
Terrebonne Parish Consolidated Government
8026 Main Street, Second Floor
Houma, Louisiana 70360
Phone: 985-873-6565 Fax: 985-580-8179