8 Jan 2025

🌊Changes in Flood Hazard Determinations

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 changes in flood hazard determinations and updated Flood Insurance Rate Maps (FIRMs) require compliance from businesses regarding floodplain management, potentially impacting insurance rates and property values. These regulations influence new policies and renewals under the National Flood Insurance Program (NFIP) which are crucial for business owners in affected areas.

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