1. Flood mitigation buyout-LARC - Laserfiche WebLink

Technical Assistance grants help States and commu- nities develop viable FMA applications and implement projects. PRE-DISASTER MITIGATION PROGRAM (PDM) http://wvsro.fem a.gov/government/grant/pdm/index The Pre-Disaster Mitigation (PDM) Program is a nation- ally cornpetitive program that provides funds to States and communities, including Tribal governments, for hazard mitigation planning and implementation of mitigation projects prior to a disaster event. The PDM Program pro- vides applicants with an opportunity to raise risk aware- ness and reduce disaster losses through cost-effective haz- ard mitigation activities. Communities and States must have FEMA-approved mitigation plans in order to receive project grant funds. Eligible PDM activities include: • Elevation of existing public or private structures • Localized flood control projects that are designed spe- cifically to protect critical facilities • Protective measures for utilities • Relocation of public or private structures • Storrnwater management projects • Vegetation management for natural dune restoration, wildfire, or snow avalanche • Structural and non-structural retrofitting • Construction of safe rooms for public and private structures • Voluntary acquisition of real property REPETITIVE FLOOD CLAIMS GRANT PROGRAM (RFC) http://www.fema. qov/government/arant/rfc/index The Repetitive Flood Claims (RFC) Grant Program is de- signed to reduce or eliminate the long-term risk of flood damage to structures that are insured under the NFIP and have had one or more claim payment(s) for flood dam- ages. RFC funds may only be used to mitigate structures located within a State or community that is participating in the NFIP and cannot meet the requirements of the FMA program due to lack of cost share or lack of capacity to manage the activities. Project grants are available for acquisition, structure demolition, or structure relocation with the property deed restricted for open space uses in perpetuity. ,~~°`a~: ~~~'~~~ FEMA ~~_~~A~f The RFC grants are awarded to applicants on a nation- wide basis without reference to State allocations, quotas, or other formula-based allocations. All grants are eligible for up to 100 percent Federal assistance. Awards will be prioritized to fund acquisitions that create the greatest amount of savings to the NFIF based on a benefit-cost analysis. AFEMA-approved State/Tribal standard or enhanced hazard mitigation plan is required for eligibility; however, a local plan is not required. All properties must be insured at the time of application. SEVERE REPETITIVE LOSS PROGRAM http://www. fema.gov/government/arant/srl/index The Severe Repetitive Loss (SRL) Program provides funds to assist States, Indian Tribal governments, and lo- cal governments participating in the NFIP in reducing or eliminating the long-term flood risks to severe repetitive loss properties, thus reducing outlays from the National Flood Insurance Fund (NFIF). Severe repetitive loss was defined by the Flood Insurance Reform Act (FIRA) of 2004. For a property to be designated SRL, it must: • Be a residential property currently insured under the National Flood Insurance Program Have incurred flood losses that resulted in either (1) four or more flood insurance claims payments that each exceeded $5,000 with at least two of the pay- ments occurring within a 10-year period, or (2) two or more flood insurance claims payments that cumula- tively exceeded the value of the property SRL funds will be allocated annually to States, Territo- ries, and Tribes based on the number of severe repetitive loss properties in their respective jurisdictions. Eligible SRL activities include: • Elevation, relocation, or demolition of existing resi- dential properties • Floodproofing measures for historical properties • Minor physical localized flood control projects • Demolition and rebuilding of properties to at least the Base Flood Elevation (BFE) or greater if required by any local ordinance Grants are eligible for up to a 75 percent Federal cost share. The non-Federal cost share maybe adjusted to 10 percent if the applicant has aFEMA-approved State miti- gationplan that also addresses how the State has and will continue to reduce the number of severe repetitive loss properties. SPRING/SUMMER 2008 PAGE 2