Regulatory Compliance, Economic Development, Professional Events 17 Jan 2025 regulatory compliance, public meeting, business impact, flood insurance, fema, risk mapping

🌊FEMA TMAC Meeting

The Federal Emergency Management Agency (FEMA) Technical Mapping Advisory Council (TMAC) will hold an in-person public meeting with a virtual option on Wednesday, February 19, 2025, and Thursday, February 20, 2025. The meeting will be open to the public both in- person and via a Microsoft Teams Video Communications link.

Learn More
Compliance Requirements, Risk Management 16 Jan 2025 flood insurance, risk management, fema, flood hazard mapping, compliance, real estate

🌊Changes in Flood Hazard Determinations Impacting Businesses

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.

Learn More
Compliance, Regulatory 16 Jan 2025 administrative practice and procedure, reporting and recordkeeping requirements, inflation adjustment, penalties, flood insurance, business regulations, compliance requirements, civil money penalties, federal housing finance agency, government-sponsored enterprises

💼FHFA Final Rule on Civil Money Penalties and Inflation Adjustments

The Federal Housing Finance Agency (FHFA) is adopting this final rule amending its Rules of Practice and Procedure and other agency regulations to adjust each civil money penalty within its jurisdiction to account for inflation, pursuant to the Federal Civil Penalties Inflation Adjustment Act of 1990, as amended by the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015.

Learn More
Compliance, Regulatory Requirements 16 Jan 2025 flood insurance, fema, business impact, nfip, compliance, hazard determinations

🌊Proposed Flood Hazard Determinations and Business Implications

Comments are requested on proposed flood hazard determinations, which may include additions or modifications of any Base Flood Elevation (BFE), base flood depth, Special Flood Hazard Area (SFHA) boundary or zone designation, or regulatory floodway on the Flood Insurance Rate Maps (FIRMs), and where applicable, in the supporting Flood Insurance Study (FIS) reports for the communities listed in the table below. The purpose of this notice is to seek general information and comment regarding the preliminary FIRM, and where applicable, the FIS report that the Federal Emergency Management Agency (FEMA) has provided to the affected communities. The FIRM and FIS report are the basis of the floodplain management measures that the community is required either to adopt or to show evidence of having in effect in order to qualify or remain qualified for participation in the National Flood Insurance Program (NFIP).

Learn More
Compliance, Regulatory Requirements 16 Jan 2025 flood insurance, hazard determination, fema, community planning, real estate, business compliance

🌊Final Flood Hazard Determinations by FEMA - 2025 Update

Flood hazard determinations, which may include additions or modifications of Base Flood Elevations (BFEs), base flood depths, Special Flood Hazard Area (SFHA) boundaries or zone designations, or regulatory floodways on the Flood Insurance Rate Maps (FIRMs) and where applicable, in the supporting Flood Insurance Study (FIS) reports have been made final for the communities listed in the table below. The FIRM and FIS report are the basis of the floodplain management measures that a community is required either to adopt or to show evidence of having in effect in order to qualify or remain qualified for participation in the Federal Emergency Management Agency's (FEMA's) National Flood Insurance Program (NFIP).

Learn More
Regulatory Compliance, Environmental Impact 16 Jan 2025 flood insurance, fema, business implications, regulatory compliance, nelson county

🌊Proposed Flood Hazard Determinations for Nelson County, KY

On July 15, 2024, FEMA published in the Federal Register a proposed flood hazard determination notice that contained an erroneous table. This notice provides corrections to that table to be used in lieu of the erroneous information. The table provided here represents the proposed flood hazard determinations and communities affected for Nelson County, Kentucky and Incorporated Areas.

Learn More
Financial Assistance, Compliance Requirements, Insurance 15 Jan 2025 compliance, financial assistance, flood insurance, fema, emergency management, private insurers

🌊FY 2026 Financial Assistance for National Flood Insurance

The Federal Emergency Management Agency announces the Fiscal Year 2026 Financial Assistance/Subsidy Arrangement for private property insurers interested in participating in the National Flood Insurance Program's Write Your Own Program.

Learn More
Regulatory Compliance, Risk Management 8 Jan 2025 compliance, risk management, flood insurance, fema, hazard determination, community impact

🌊New FEMA Flood Hazard Changes Impacting Business Compliance

This notice lists communities where the addition or modification of Base Flood Elevations (BFEs), base flood depths, Special Flood Hazard Area (SFHA) boundaries or zone designations, or the regulatory floodway (hereinafter referred to as flood hazard determinations), as shown on the Flood Insurance Rate Maps (FIRMs), and where applicable, in the supporting Flood Insurance Study (FIS) reports, prepared by the Federal Emergency Management Agency (FEMA) for each community, is appropriate because of new scientific or technical data. The FIRM, and where applicable, portions of the FIS report, have been revised to reflect these flood hazard determinations through issuance of a Letter of Map Revision (LOMR), in accordance with Federal Regulations. The currently effective community number is shown in the table below and must be used for all new policies and renewals.

Learn More
Regulatory Compliance, Risk Management 8 Jan 2025 regulatory compliance, flood insurance, fema, hazard determinations, nfip, floodplain management

🌊New Flood Hazard Determinations

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.

Learn More
Regulatory Compliance, Risk Management 8 Jan 2025 regulations, flood insurance, fema, flood hazard, disaster management, community compliance

🌊FEMA Notice

Comments are requested on proposed flood hazard determinations, which may include additions or modifications of any Base Flood Elevation (BFE), base flood depth, Special Flood Hazard Area (SFHA) boundary or zone designation, or regulatory floodway on the Flood Insurance Rate Maps (FIRMs), and where applicable, in the supporting Flood Insurance Study (FIS) reports for the communities listed in the table below. The purpose of this notice is to seek general information and comment regarding the preliminary FIRM, and where applicable, the FIS report that the Federal Emergency Management Agency (FEMA) has provided to the affected communities. The FIRM and FIS report are the basis of the floodplain management measures that the community is required either to adopt or to show evidence of having in effect in order to qualify or remain qualified for participation in the National Flood Insurance Program (NFIP).

Learn More