2020 – Flood Mapping for the Nation
ASFPM releases an update to the Flood Mapping for the Nation report. In the report, ASFPM estimates the cost to complete flood mapping in the US at $3.2 billion to $11.8 billion. The steady-state cost to then maintain accurate and up-to-date flood maps ranges from $107 million to $480 million annually. Ultimately, floodplain mapping is a sound investment that saves lives, reduces flood losses, and keeps communities thriving, all at a 2-to-1 cost benefit for taxpayers.
