Organizations Involved: Environmental Defense Fund
Source: Environmental Defense Fund
Abstract
The Federal Emergency Management Agency (FEMA) issued a Request for Information regarding potential future changes to the Community Rating System (CRS) under the National Flood Insurance Program (NFIP).
CRS is a voluntary incentive program offering NFIP premium discounts to eligible communities that exceed minimum NFIP floodplain management requirements. The program aims to reduce flood damages to insurable property, increase flood insurance uptake, and foster comprehensive floodplain management. A growing number of studies have found that participating in CRS can indeed lead to lower flood losses for insured properties.
These comments were submitted to FEMA in response to its Request for Information. Overall, EDF commends FEMA on its continued commitment to improve CRS and the NFIP to make it more reflective of the latest climate science, and more accessible and affordable for U.S. households.
