Town of Union, NY (WBNG Binghamton) The end is near for more than a hundred residents waiting for a buyout on their flooded out homes.
The town of Union announced the final plan for how much money will be provided from local, state and federal sources.
FEMA will provide 75 percent of buyout reimbursements; that's money that has been promised for several months.
The next 20 percent will be funded by New York state.
And the final 5 percent, which includes demolition costs will come from a $10.1 million federal grant awarded to the town earlier this year for flood management.
Republican Town Supervisor Rose Sotak praised the office of Gov. Andrew Cuomo for the process, although she said she wished the state could have fully funded the rest of the buyouts.
"Am I disappointed?" Sotak said, "Yes I am. The reason I am disappointed is that $10.1 million grant sounds like a lot of money, but it goes very quickly. If I could have that $2 million right now, the biggest thing we are looking at is preventing future flooding."
The final contract also includes a request for the income status of each resident seeking a buyout.
That could mean an additional piece of paperwork for each resident before they can claim their money.
The town of Union said the information is already available, and would prefer buyouts move ahead without further delays.
Income status is not a qualification for a buyout.
The town of Union hopes it can begin tearing down homes in the next few months.