Floodplains. Except as modified below, definitions for terms used below can be found at 24 CFR part 55. (A) Construction and other activities in the 100-year floodplain are to be avoided when practicable. If there are no practicable alternatives to new con- struction or substantial improvement in the 100-year floodplain, the struc- ture must be elevated at least the base flood elevation (BFE) or floodproofed to one foot above the BFE. Elevated and floodproofed buildings must adhere to National Flood Insurance Program standards. The primary sources of floodplain data are Federal Emergency Management Agency (FEMA) Flood In- surance Rate Maps (FIRMs). When FEMA provides interim flood hazard data, such as Advisory Base Flood Ele- vations (ABFE) or preliminary maps or studies, the latest of these sources shall be used. (B) No HTF assistance may be ap- proved with respect to: (1) Any action, other than a function- ally dependent use, located in a floodway; (2) Any new construction critical ac- tion located in a coastal high hazard area, 100- or 500-year floodplain; or (3) Any non-critical new construction action in a coastal high hazard area, unless the action is reconstruction fol- lowing destruction caused by a disaster and is designed for location in a coastal high hazard area consistent with the FEMA National Flood Insurance Pro- gram requirements for V-Zones.
Appears in 2 contracts
Sources: Home Investment Partnership Agreement, Home Investment Partnership Agreement