🌊Changes in Flood Hazard Determinations and Business Implications
Changes in Flood Hazard Determinations
Summary
New or modified Base (1-percent annual chance) Flood Elevations (BFEs), base flood depths, Special Flood Hazard Area (SFHA) boundaries or zone designations, and/or regulatory floodways (hereinafter referred to as flood hazard determinations) as shown on the indicated Letter of Map Revision (LOMR) for each of the communities listed in the table below are finalized. Each LOMR revises the Flood Insurance Rate Maps (FIRMs), and in some cases the Flood Insurance Study (FIS) reports, currently in effect for the listed communities.
Agencies
- Homeland Security Department
- Federal Emergency Management Agency
Business Impact
$$ - Med
The text outlines modifications to flood hazard determinations, impacting property owners and communities. These changes influence flood insurance rates and compliance with the National Flood Insurance Program, requiring businesses to adapt operations and maintain updated insurance policies.