Flood insuranceCommunity participationPracticesProceduresThrough the National Flood Insurance Program (NFIP), which was created in 1968 and which the Federal Emergency Management Agency (FEMA) administers, the federal government seeks to reduce the risk, loss, and expense associated with flooding. The ...
First, check the plats. Past research on the land may well have done your work for you already by mapping out the property’s elevation and determining potential flood areas. If you strike out, turn to a surveyor for help. FEMA flood zones are clearly defined with letter designations. Area...
FEMAHomeownersMapsLeveesMortgagesCertificationThis report examines the amount of flood insurance that must be purchased (and retained) on loans secured by real property located in federally designated special flood hazard areas (SFHAs). It is written in response to three situations: (1) the Federal ...