What is FEMA going to do about it?
In short, nothing. However, FEMA created the Letter of Map Amendment and Revision (LOMA/R) process to correct or change flood maps [FIRMs and FHBMs] to reflect actual ground surveys or better topographic mapping. Letters are issued by FEMA officially removing lots or portions of lots (by legal description) from the SFHA or changing the boundaries of the SFHA. These are dated and sent to the homeowner applicant and are also filed with the municipality or county within which the property is located. The building site is removed from flood zone AE, AI-30, A, etc and placed in flood zone B, C, or X, which are not part of the SFHA [Special Flood Hazard Area]. When a LOMA/R is issued removing a building site from the SFHA, the mandatory flood insurance purchase requirement is lifted. However, the lender always has the option of requiring flood insurance anyway. For example, the homesite might be just a few inches above BFE, so the lender feels that there is still a threat of flood damage to
Related Questions
- Is FEMA going to do anything to help families who relocated to high cost areas (i.e. $2,358 isn going to cover it)?
- What Information Should Individuals Have on Hand Before Calling FEMA or Going Online to Apply?
- What Information Should Businesses Have on Hand Before Calling FEMA or Going Online to Apply?
