National Flood Insurance Program
Federal laws require that apartment owners with federally regulated and insured mortgages on properties in high-risk flood areas purchase flood insurance. However, the private insurance market offers few policy options, often only issuing flood protection policies to high-value properties. To help fill this void, the federal government created the National Flood Insurance Program (NFIP). Read our Issue Fact Sheet.
NFIP Fact Sheet
Issue Fact Sheet
More information on national flood insurance program, in addition to the NMHC/NAA viewpoint.
Read MoreFEMA Resource
National Flood Insurance Program Flood Mitigation Measures for Multi-Family Buildings
This publication provides guidance on flood risk evaluation andmitigation of large multi-family buildings, particularly in urban areas.