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What are federally mapped regulatory floodplains?

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What are federally mapped regulatory floodplains?

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A. A federally mapped regulatory floodplain is a flood-prone area that has been mapped and accepted by FEMA as a result of a flood insurance study. These are areas adjoining a stream, channel, river or other watercourse that are at risk of being covered by water during a flood event defined by FEMA as the 1 percent chance storm.

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