In 2016, Houston experienced two major federally-declared flood disasters. In response, the City of Houston received $23 million in disaster recovery funding to support long-term recovery and reduce future flood risk. Through the Multifamily Voluntary Buyout Program, these funds are used to acquire multifamily properties located in areas with severe flood risk, helping prevent future flood impacts to residents and families.

To date, the program has purchased the following properties:

Board Walk Apartments
Spring Village Apartments
Monticello Square (funded through both DR16 and DR17 allocations)

In some cases, funding from the 2016 disaster recovery allocation has been combined with Harvey Buyout Program funds to support eligible acquisitions. The map below provides more information about each property purchased and how these sites will be used moving forward.

Please note that this map combines both DR-16 (Multifamily Voluntary Buyout Program) and DR-17 (Harvey Buyout Program) properties .