/. What year did congress pass the the National Flood Insurance Act? - Answer-1968
/.4 Goals of NFIP - Answer-1. Transfer cost from tax payers to property owners
2. Provide aid after floods
3. Guide development away from flood hazard areas
4. New building codes to minimize or prevent flood damage
/.What year was the Flood Disaster Protection Act passed? - Answer-1973
/.What did the Flood Disaster Protection Act do? - Answer-1. Prohibited most federal
assistance for acquisition or construction in the floodplain for non NFIP participating
communities.
2. Required buildings in SFHA to have NFIP policies
/.Where were the Federal Insurance Administration and the NFIP transferred to FEMA?
- Answer-1979
/.Which act fine tuned the NFIP by authorizing the CRS, increasing maximum amount of
flood insurance, strengthening the mandatory purchase requirement, and establishing a
grant program for mitigation plans? - Answer-National Flood Insurance Reform Act of
1994
/.What are the three basic parts of to the NFIP? - Answer-Mapping, Insurance,
Regulations
/.List some ways flood maps are used - Answer-1. Basis for new construction
2. Flood insurance policies
3. Lender use them to determine if flood insurance is needed
/.List the two kinds of FEMA maps - Answer-1. Flood Hazard Boundary Map- shows
boundaries using approximate method
2. FIRM - Includes elevations and better data than FHBM
/.NFIP definition of a Flood - Answer-General or temporary condition of partial or
complete inundation of normally dry land areas from:
1. over flow of inland or tidal waters
2. Unusual or rapid accumulation or runoff of surface waters from any source