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A Federal Emergency Management Agency (FEMA) flood elevation certificate provides specific property elevation information and may be especially beneficial for homeowners in high-risk flood zones ...
In this sense, a base flood is synonymous with a 100-year flood and a floodplain is synonymous with a special flood hazard area. This base flood "is used in the National Flood Insurance Program (NFIP) to indicate the minimum level of flooding to be used by a community in its floodplain management regulations."
The structure must have a history of damages from flooding or be located in a Special Flood Hazard Area. The project must be both technically feasible and cost effective at mitigating the risk of ...
A flood insurance rate map (FIRM) is an official map of a community within the United States that displays the floodplains, more explicitly special hazard areas and risk premium zones, as delineated by the Federal Emergency Management Agency (FEMA). [1]
The Homeowner Flood Insurance Affordability Act of 2013 is a bill that would reduce some of the reforms made to the federal flood insurance program that were passed two years prior. [1] The bill would reduce federal flood insurance premium rates for some properties that are sold, were uninsured as of July 2012, or where coverage lapsed as a ...
On the new maps in Palm Beach County, about 5,000 properties have moved to a high-risk flood zone, also considered a "special flood hazard area," from a low- or medium-risk flood zone.