Funding Opportunities
As part of the Islamorada Matters planning project, the Team identified several funding sources for the recommendations provided in this Plan, including:
- Pre-disaster mitigation planning funds,
- Impact fees,
- Local government infrastructure sources,
- Government funds,
- Special revenue funds,
- Landscape mitigation fees,
- Stormwater utility enterprise funds, and
- Grants
In addition to outside funding, the Village could develop incentive programs for developers and property owners who retrofit structures to be more resilient to sea level rise impacts than state and county building codes and floodplain regulations require.
Public investment in sea level rise adaptation should be directed toward endeavors that benefit as many citizens as possible. Additionally, fee based funding options, if developed, should be user-related.
