ASFPM believes this change is long overdue. A more accurate, fair, and equitable way to determine an individual property’s flood risk should increase public confidence in the program and put NFIP on stronger financial footing
During the testimony, Berginnis explains why ASFPM is encouraged by the direction set by WRDA 2020 and outlines our recommendations for implementation.
For the Fiscal Year 2020 grant application cycle, FEMA received nearly $3.6 billion in applications for the BRIC program and nearly $400 million for the FMA program. A total of $700 million is available is available for the two programs.