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re: FEMA: Despite historic flooding, insurance rates & flood maps to remain the same
Posted on 9/15/16 at 4:18 pm to meauxjeaux2
Posted on 9/15/16 at 4:18 pm to meauxjeaux2
quote:
Do we need to raise in Denham?
This is what they are doing in EBR Parish. Maybe Livingston Parish will follow...
More than 32K homes can stay on the ground after Metro Council exempts many from elevation requirement
quote:
more than half the households that flooded — some 32,000 households — are in areas variously described as X zones, low-and moderate-risk zones and non-special hazard zones. The practical difference is that those people are not required by their mortgage companies to buy flood insurance, as the people in high-risk zones are.
quote:
Wednesday, the Metro Council voted to exempt existing buildings in low- and moderate-risk flood zones from elevation requirements.
1
Posted on 9/15/16 at 4:32 pm to ATL-TIGER-732
You'd think with a 0.1 percent annual chance (1 in 1000 yr) that raising a dwelling is not in the cards.
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