And now the not so good news...

According to this article, the money looks like it might be tied to rebuilding.

Grant recipients also must have had other homeowners' insurance. And they would have to agree to rebuild to meet new codes and to buy flood insurance on the rebuilt structures.

Holly and I are right in the middle of trying to purchase another home that flooded to fix up and live in. Rebuilding on our property had fallen down our list of alternatives for lots of reasons, not the least of which is the time necessary to build from the ground up... 150,000 is nothing to sneeze at... if this turns out to be true it may alter our plans.

B