Improved Flood Maps: Better Insurance Data and Property Risk Assessment.
This Act aims to enhance the accuracy of flood risk maps used in the National Flood Insurance Program. It mandates coordination with federal agencies (like the Department of Defense and NOAA) to incorporate the latest topographical and hydrological data. Crucially for citizens, these maps may now include detailed cadastral features, such as addresses and parcel identification data, allowing property owners to more precisely assess their flood risk and insurance costs.
Key points
Requirement for up-to-date data: FEMA must consult with the Department of Defense, USGS, and NOAA to ensure flood maps are based on the most current information regarding topography and water flow.
Increased precision for property owners: Flood risk maps can now include detailed cadastral features, including addresses and parcel identifiers, enabling more accurate determination of property location relative to flood zones.
Standardization of maps: Maps must be updated to conform with the modernized National Spatial Reference System and common protocols for geographic information systems, ensuring greater spatial accuracy.
Expired
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