A flood in March caused $2 million in damage in Tobique First Nation. (CBC)

The Chief of Tobique First Nation says he is pleased with the provincial government's program to help flood victims sell, move or flood proof their homes.

"It will enable us to completely restore the damage that occurred here," said Chief Stewart Paul.

The funding will enable his community to completely restore about $2 million in damage that occurred last March.

Local Government Minister Bruce Fitch announced the provincial funding earlier this week.

"I mean there's situations that you can't, you've just got no choice, you've got to do it and hope that somebody will come through, that we'll be able to cover the remediation, the cost that occurred," said Paul.

Much of the work in Tobique is already done.

Paul says about 50 people were affected by damage to a dozen homes. One had to be destroyed and a couple were elevated and rebuilt. Others are being renovated for flood protection.

They are still in the process of rebuilding or moving two or three houses.

A review committee, made up of community, provincial and federal representatives, said the flood risk to Perth-Andover and Tobique First Nation is "relatively high," with a flood event occurring about every five years over the past decade.

The flooding in March caused a state of emergency to be declared in Perth-Andover, with about one-third of the western village’s 1,770 residents being forced to leave their homes.

The flood level was roughly 1.5 metres higher than the last major flood in 1987.