Kathy C. Hopkins, CFM
SRL-Lead

Grants
Severe
Repetitive
Loss
Flood
Mitigation
Assistance
Flood
Protection
Planning
Hazard
Mitigation
Grant
Program
Repetitive
Flood
Claim
Pre-
Disaster
Mitigation
Texas
Agency
Texas Water
Development
Board
HMA
Grant-Federal
Grant Program
Key
State Grant
Program
Texas Division of Emergency
Management

Severe
Repetitive
Loss
Assistance
Repetitive
Flood
Claim

Grants
Flood
Mitigation
Assistance
Flood
Protection
Planning
Hazard
Mitigation
Grant
Program
Pre-
Disaster
Mitigation
Texas
Agency
Texas Water
Development
Board
HMA
Grant-Federal
Grant Program
Key
State Grant
Program
Texas Division of Emergency
Management

* Federal and State cost shares;
* FMA funding limits;
* FEMA review process;
* Defines which Federal Funds can be used for the local match;
* And more mitigation projects.

* Severe Repetitive Loss Properties
100 % Federal Funds
* Repetitive Loss Properties
90% Federal and 10% local Match
* All Others
75% Federal and 25% local Match

* The total amount of FMA funds provided during any 5-year period shall not exceed $10 million to any State agency or $3.3 million to any community.
* The total amount of FMA funding provided to any State including all communities located in the State shall not exceed $20 million during any 5 year period.
* Individual planning grants using FMA funds shall not exceed $150,000 to any applicant or $50,000 to any subapplicant FMA funds only can be used for the flood hazard component of a hazard mitigation plan that meets the planning criteria outlined in 44 CFR Part 201.
* The total planning grant using FMA funding made in any fiscal year to any state and the communities located within the State shall not exceed $300,000.
* No more then 7.5 percent of FMA funds shall be used for planning in any fiscal year.
* A planning grant shall not be awarded to a State or community more than once every 5 years.

Individual planning grants using FMA funds shall not exceed $50,000 to any applicant or
$25,000 to any subapplicant. FMA funds can only be used for the flood hazard component of a hazard mitigation plan that meets the planning criteria outlined in 44 CFR Part 201.

* No more “National Review”. It will be reviewed by the FEMA Region and final approval by FEMA HQ; and
* States will have to rank all projects when submitting to FEMA.

The two Federal funds that could be used in
FMA:
* U.S. Department of Housing and Urban
Development (HUD) Community Development Block
Grant (CDBG) funds; and
* Federal loan payments, such as U.S. Department of
Agriculture (USDA) Farm Service Agency loans and
U.S. Small Business Administration (SBA) loans.

* Mitigation Reconstruction;
* Non-structural Retrofitting of
Existing Buildings and Facilities;
* Infrastructure Retrofit; and
* Soil Stabilization.

* Protect human life and property;
* Remove property from the
SFHA;
* To avoid high NFIP insurance rates; and
* Etc…

* Now- Changes underway:
Full-risk rates will apply to pre-FIRM property not previously insured, newly purchased, or repurchased after a lapse, occurring on or after July 6, 2012.
Premiums for older (pre-FIRM) non-primary residences in a Special Flood Hazard
Area will increase by 25% each year until they reflect the full-risk rate- January 1,
2013.
* Later in 2013
Premium for pre-FIRM business properties, SRL, and properties where claims payment exceed fair market value will increase by 25% each year until they reflect the full-risk rate
Normal rate revision which occurs annually, and a 5% assessment to build a catastrophic reserve fund as required in the legislation.
* Later 2014 (Section 207)
Premiums for existing properties in areas affected by updated maps will see a phase-out of discounts –grandfathering rates- over five years at a rate of 20% percent per year to reach full-risk rates
Information courtesy of FEMA Region 6.
Subject to change.

Elevation lowers premiums.
“ZONE A” EXAMPLE
Homes built below
BFE could be hit hard by an increase to full-risk rates
Elevating 3 feet above the BFE could lower premiums significantly!
Slide courtesy of FEMA Region 6.
Subject to change.

Future insurance savings can offset higher construction costs.
“ZONE V” EXAMPLE ( NEW BFE SHOWS 4’ HIGHER RISK)
ELEVATION /COSTS 4 ft
Foundation
Flood Insurance/yr
Mortgage increase + flood/yr
$18,000
$17,500
$17,500
Peace of Mind
Slide courtesy of FEMA Region 6.
Subject to change.
8 ft
$29,000
$ 7,000
$ 7,588
10 ft
$30,000
$ 3,500
$ 4148
Homeowner pockets more than
$13,000/year compared to the current BFE