An Act establishing a Massachusetts flood risk protection program

This bill establishes a voluntary Massachusetts program to reduce flood risks by purchasing properties at risk of repetitive or substantial flooding from willing owners. It prioritizes low-income residents (households earning 65% or less of the state median income) and communities designated as environmental justice populations, requiring at least 75% of program funds to support these groups. Acquired properties must be converted into permanent open space for conservation and public recreation, with public access required, and prohibit new structures except for nature-based solutions. The program uses updated flood risk assessments every five years, based on climate and flood data, to guide property acquisitions and ensure long-term community resilience.