Compliance, Regulatory Requirements 8 Jan 2025 compliance, regulation, risk management, flood insurance, hazard mitigation, fema, flood hazard, community planning

🌊FEMA's Proposed Flood Hazard Determinations and Business Compliance

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).

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Compliance, Economic Development, Risk Management 8 Jan 2025 regulatory compliance, homeland security, flood insurance, property management, community planning

🌊Changes in 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.

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Regulatory Requirements, Compliance 8 Jan 2025 regulatory compliance, business impact, flood insurance, fema, flood management, 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).

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Regulatory Compliance, Professional Events 7 Jan 2025 business compliance, flood insurance, fema, advisory council, mapping

🌊FEMA's Technical Mapping Advisory Council Meeting Notice

The Federal Emergency Management Agency (FEMA) Technical Mapping Advisory Council (TMAC) will hold a virtual meeting on Friday, January 24, 2025. The meeting will be open to the public via a Microsoft Teams Video Communications link.

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Financial Assistance, Regulatory Requirements 3 Jan 2025 compliance, usda, business and industry, administrative practice and procedure, financial assistance, reporting and recordkeeping requirements, grant programs-housing and community development, mortgages, flood insurance, rural areas, credit, environmental impact statements, conflict of interests, housing, loan programs-housing and community development, manufactured homes, low and moderate income housing, home improvement, fair housing, loan programs, rural housing

🏠USDA Updates Rules for Manufactured Housing Financing Options

The Rural Housing Service (RHS or the Agency), a Rural Development (RD) agency of the United States Department of Agriculture (USDA), is amending the current regulations for the Single Family Housing (SFH) Direct Loan Program and the SFH Guaranteed Loan Program. The intent of this final rule is to allow the Agency to give borrowers increased purchase options within a competitive market and increase adequate housing along with an enhanced customer experience with the SFH programs.

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