WebFlood Disaster Protection Act of 1973 Requires that flood insurance protection be purchased for any project located in Special Flood Hazard Areas (SFHA), designated by FEMA as 100-year or 500-year flood zones, as a condition of the recipient using any HUD funds. This insurance is available because the WebAug 15, 2016 · In addition to any responsibilities under this Order and Sections 202 and 205 of the Flood Disaster Protection Act of 1973, as amended (42 U.S.C. 4106 and 4128), agencies which guarantee, approve, regulate, or insure any financial transaction which is related to an area located in a floodplain shall, prior to completing action on such ...
Executive Order 13690—Establishing a Federal Flood Risk …
WebApr 10, 2024 · SBA Lenders must continue ensuring that borrowers obtain flood insurance per § 120.170 when required under the Flood Disaster Protection Act of 1973 (Sec. 205(b) of Pub. L. 93 ... requested that SBA clarify whether the amendment would apply to loans that are already in existence and whether lenders could apply the amendment to a … Web(1) Under the Flood Disaster Protection Act of 1973, as amended ( 42 U.S.C. 4001 - 4128 ), Federal financial assistance for acquisition and construction purposes (including rehabilitation) may not be used in an area identified by the Federal Emergency Management Agency (FEMA) as having special flood hazards, unless: son of nascar hall of famer dies
DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT 24 …
WebFlood Disaster Protection Act of 1973 Requires that flood insurance protection be purchased for any project located in Special Flood Hazard Areas (SFHA), designated by FEMA as 100-year or 500-year flood zones, as a condition of the recipient using any HUD funds. This insurance is available because the community has joined the National Flood ... WebThe Congress finds that (1) from time to time flood disasters have created personal hardships and economic distress which have required unforeseen disaster relief measures and have placed an increasing burden on the Nation’s resources; (2) despite the installation of preventive and protective works and the adoption of other public programs … WebJan 13, 2024 · set by the Flood Disaster Protection Act of 1973, as amended. The adjustment multiplier is the same for all FCA enforced CMPs, set at 1.07745. The maximum CMPs for violations were created in 2012 by the Biggert-Waters Act, which amended the Flood Disaster Protection Act of 1973. 1. New Penalty Amount in §622.61(a)(1) son of names