Amends GS 153A-277(a), giving counties in North Carolina the authority to fund or establish a program that can purchase and demolish flood-prone buildings and implement flood damage reduction techniques that will result in the improvement of private property, including such techniques as elevating structures, demolishing flood-prone structures, and retrofitting and/or floodproofing flood-prone structures when the county has obtained the private property owner's consent to the flood reduction improvements and the county has determined that improving the stormwater system is either not technically feasible or not cost-effective.