Private Flood Insurance Policy or NFIP Policy? 03/12/2012 In cases where flood insurance coverage is mandatory, must a lender accept a private flood insurance policy that meets the six requirements set forth in the FEMA Guidelines? Or may a lender require their borrower to purchase an NFIP ...
FEMA created Advisory Base Flood Elevation (ABFE) maps to show a more current picture of flood risk for coastal New Jersey and New York communities after Hurricane Sandy. For most communities, ABFE information has now been replaced by preliminary Flood Insurance Rate Maps as the most recent flood...
MANDATORY ELIGIBILITY REQUIREMENTS Costs are direct result of declared event and tied directly to declared event; Applicant has legal responsibility for costs at the time of the disaster; Costs are not within the specific authority of another Federal program ...
MANDATORY ELIGIBILITY REQUIREMENTS Costs are direct result of declared event and tied directly to declared event; Applicant has legal responsibility for costs at the time of the disaster; Costs are not within the specific authority of another Federal program ...