City of Janesville may buy some flooded homes
The City of Janesville may be helping buy flood damaged homes.
Manager of Building and Development Services Gale Price says a flood buyout program is being conducted in cooperation with the State Department of Emergency Management. The city is hosting a hazard mitigation meeting Thursday afternoon at 5:00 in the municipal building council chambers.
If a homeowner qualifies, they'd likely get the equalized value the city uses to tax the home.