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HUD Issues Rule with New Flood Risk Standards – Impacts New Construction and Substantial Improvements to Properties Financed and Insured by HUD, Including Single Family and Multifamily | Buchalter

On April 2, 2024, HUD published a new rule in the Federal Register regarding the Federal Flood Risk Management Standard (FFRMS). The new rule updates the HUD regulations on Floodplain.

Federal registerFederal flood risk management standardFloodplain managementMinimum propertyFirst floor elevation requirements applyOne to four unit residential housing insuredLow rent housing programsProperty standardsMinimum property standardsProperty maintenance requirementsProperty maintenanceClimate informed science approach

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