- Federal program that provides flood insurance to participating communities.
- Based on an agreement between local community's and the federal government that :
- A community will adopt and enforce a floodplain management ordinance.
- The federal government will make flood insurance available with in the community as a financial protection against flood losses.
- Private insurance write the policies on an agreement with the federal government.
The flood Plain Management Ordinance.
- A requirements for participating in the NFIP
- Must contain FEMA'S minimum regulations.
- FEMA and the state have model ordiances
- Can be kept up to date
- Must be implemented and enforced
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