Buyout Property Leasing Program

flooded field

Turning Flood-Prone Lands Into Lasting Community Benefits

Following flooding from multiple hurricanes, 120 properties totaling 295 acres were acquired through the Hazard Mitigation Grant Program. To reduce maintenance needs, the Board of Commissioners established a lease program allowing adjacent property owners to lease and maintain these parcels for personal use. Each lease is valid for 10 years with a one-time fee of $10, in accordance with Federal, State, and local regulations.

Former lessees who have complied with all lease provisions will receive priority consideration for renewal during the next 10-year lease cycle.

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  1. Application Process
  2. Use Guidelines
  3. Property

How to Apply for a Buyout Property Lease

  1. Submit a lease application for an available buyout property through Planning and Development. Applications may be mailed or dropped off at the Development Services Building.
  2. Staff will review the application. If it meets eligibility requirements, a lease packet will be prepared and forwarded to NC Emergency Management – Hazard Mitigation and FEMA for review. This process typically takes three to six months.
  3. After approval, the County must publicly advertise its intent to lease the property for 30 days, as required by state law.
  4. When the 30-day period ends, the lease request is presented to the Board of Commissioners for final approval at the next scheduled meeting.
  5. Once approved, staff will contact the lessee to schedule a signing appointment.