2022 Flood Recovery CDBG-DR Home Buyout Program

Publication Date: 09/23/2026
Document Type: Meeting Materials
Sponsor: Community Development Administration

Summary
The City of St. Louis’ 2022 Flood Recovery CDBG-DR Voluntary Home Buyout Program, funded through Community Development Block Grant–Disaster Recovery (CDBG-DR) funds, helps eligible homeowners move out of areas at higher risk of future flooding. The City may purchase eligible homes at their pre-flood fair market value, provide relocation assistance and incentives, and convert purchased properties to permanent open space to reduce future flood risk.

The resources below provide information to help homeowners understand the program, determine whether they may be eligible, prepare to apply, and know what to expect throughout the process:

Program Overview & Eligibility — An introduction to the Voluntary Buyout Program, homeowner and community benefits, basic eligibility requirements, and the designated buyout area. 

Understanding the Buyout Process — A step-by-step guide covering application and document collection, property and environmental reviews, appraisal, relocation assistance, the purchase offer, closing, demolition, and conversion to open space. 

Frequently Asked Questions (FAQ) — Answers to common questions about eligibility, program timing, property valuation, Duplication of Benefits, the $5,000 participation incentive, relocation assistance, mortgages and liens, and what happens to the property after purchase. 

Required Document Checklist — A checklist to help applicants gather identification, proof of ownership, property and financial information, insurance and disaster assistance records, income information, and proof of primary residence.