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Floyd County's New Hope Estates Adds Two More Homes for Flood Survivors

PRESTONSBURG, Ky. (WMDJ) — Two more families affected by the devastating 2022 Eastern Kentucky floods are one step closer to a fresh start, as state and local leaders gathered Monday in Floyd County to celebrate the completion of two new homes at New Hope Estates.

 

Gov. Andy Beshear joined community and nonprofit leaders for a ribbon-cutting at the high-ground housing development, where one of the homes is ready for immediate move-in and the second is expected to be completed within the next few weeks.

 

New Hope Estates, located in Floyd County, is expected to include 34 homes when complete, with flood survivors receiving priority placement. The state provided $10 million toward the project for land acquisition and site preparation.

 

Another home is already framed and expected to be finished within the next two months, with additional construction planned in the coming weeks.

 

The homes recognized Monday were built by Frontier Housing.

 

The development is part of Kentucky’s broader flood recovery housing effort across Eastern Kentucky. In Floyd County, the Wayland high ground neighborhood has already been completed with 14 homes for flood survivors.

 

State officials say more than 500 homes are planned across several Eastern Kentucky counties as part of long-term disaster recovery efforts.

 

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