NASHVILLE, Tenn. (WZTV) — Metro Water Services has a home buyout program for properties in flood zones in hopes of “eliminating the risk” for neighbors in Nashville.
Metro Council recently approved the purchase of three homes in a million-dollar move.
Metro Water Services Director Scott Potter says funding for this program used to come from Federal Emergency Management Agency and Army Corps of Engineer grants after the 2010 floods. That funding has since run out, but the program lives on:
“A home buyout in our capital budget now is 100% Metro-funded, so that essentially is a capital project that we would choose in lieu of a capital project in your neighborhood.”
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Potter says there is a waitlist for this program and adds Metro dramatically underfunds its stormwater infrastructure.