Blue Acres Buyout Program
Through the New Jersey Department of Environmental Protection’s (DEP) Superstorm Sandy Blue Acres Program, the State is spending $300 million in federal disaster recovery funds to acquire approximately 1,000 properties in tidal areas affected by Sandy and another 300 properties in other towns that have flooded repeatedly. The program gives willing sellers the option to sell Sandy‐damaged homes at pre‐storm value in flood‐prone areas.
The State is seeking clusters of homes or whole neighborhoods that were flooded in Superstorm Sandy. Once acquired by the State, these homes will be demolished and the land will be permanently preserved as open space, accessible to the public, for recreation or conservation. The preserved land will serve as natural buffers against future storms and floods.
The goal of the Blue Acres Program, which has historically served as part of DEP’s Green Acres Program that purchases flood-prone properties, is to dramatically reduce the risk of future catastrophic flood damage and to help families to move out of harm’s way. The Superstorm Sandy Blue Acres program launched in May 2013. Through November 2014, more than 200 homes had been purchased by the State and more than 500 offers had been made.
For more information on the Blue Acres Program, please visit Blue Acres Floodplain Acquisitions on the DEP website.