Vermillion, SD Flood Relocation Program
South Dakota homeowners affected by the Missouri River flooding may see assistance.
VERMILLION, SD, June 21, 2011
Any South Dakota homeowner affected by flooding along the Missouri River may be eligible to receive up to $5,000 in relocation assistance from the Vermillion Area Chamber and Economic Development Company (VCDC). As property damage continues to escalate along the Missouri River, the VCDC is offering to help homeowners rebuild in or relocate to Clay County, regardless of the location of their flooded home."The flooding has just begun to damage and destroy property," says Steve Howe, executive director of the VCDC. "As homeowners look at starting over in the coming weeks and months, we want to provide financial assistance and the opportunity for a fresh start."
Relocation assistance is available to all residents of flood-affected areas. Homeowners interested in purchasing or constructing a home in Clay County can receive up to $5,000 to offset expenses.
• A $3,000 one-time payment for homes purchased between $100,000 and $149,000
• A $4,000 one-time payment for homes valued at $150,000 and above
• A $5,000 one-time payment for new construction
"We want to show compassion for current residents and also give a helping hand to all those affected," says Howe. "If you are forced to relocate as a result of this historic event, we are here to help you defray the costs of moving or rebuilding."
To receive eligibility requirements and apply for relocation assistance, go to http://www.vermillionchamber.com/images/FloodApplication.pdf or contact the Vermillion Chamber and Economic Development Company at 605.624.5571 or 800.809.2071.
Vermillion Flood Relocation Program.pdf.pdf
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