44 CFR 78.11 - Minimum project eligibility criteria.
The identification of a project or activity in an approved Flood Mitigation Plan does not mean it meets FMA eligibility criteria. Projects must:
(a) Be cost-effective, not costing more than the anticipated value of the reduction in both direct damages and subsequent negative impacts to the area if future floods were to occur. Both costs and benefits are computed on a net present value basis.
(b) Be in conformance with 44 CFR part 9, Floodplain Management and Protection of Wetlands; Executive Order 12699, Seismic Safety of Federal and Federally Assisted or Regulated New Building Construction; 44 CFR part 10, Environmental Considerations; and any applicable environmental laws and regulations.
(d) Be in conformance with the minimum standards of the NFIP Floodplain Management Regulations at 44 CFR part 60.
(e) Be in conformance with the Flood Mitigation Plan; the type of project being proposed must be identified in the plan.
Title 44 published on 2013-10-01
no entries appear in the Federal Register after this date.