FEMA to redraw NYC flood maps after de Blasio appeal Change could lower insurance bill for many New Yorker上海千花网 s
Flooding in the New York City Subway due to Hurricane Sandy (credit: vcohen)
Fewer New Yorker may be forced to buy flood insurance in the future, thanks to an appeal by Mayor Bill de Blasio s administration.
The M新上海贵族宝贝论坛 ayor’s office asked the Federal Em上海贵族宝贝论坛 ergency Management Agency (FEMA) to redraw New York City’s flood maps, arguing that they are too pessimisti爱上海龙凤419桑拿 c, and the agency agreed to do so.
Our city needs precise flood maps that reflect real risks, both today and years from now—and we have to do that fairly, de Blasio said in a statement.
The new maps will likely shrink the boundaries that determine who is required to buy flood insurance.
Shortly after Hurricane Sandy hit New York in October 2012, FEMA redrew 上海贵族宝贝论坛 the city’s flood maps for the first time, doubling the number of homes that required the purchase of flood insurance to qualify for federally-backed mortgages. Meanwhile, the 2012 Biggers-Waters Act had ended a de-facto federal subsidy of flood insurance, causing premiums to rise dramatically.
The agency will now analyze flood data to draw new maps. Until that’s done, insurance rules will be based on 2007 flood maps and construction will be based on 2015 maps, Crain’s reported. [Crain’s] Konrad Putzier
Tags: bill de blasio, fema, flood insurance, Hurricane Sandy
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