“Newport Beach is challenging the federal government’s revised flood zone boundaries in the city, especially around the Balboa Peninsula and Balboa Island, in an effort to save homeowners money on insurance.”
“Under the Federal Emergency Management Agency’s proposed boundaries, about 4,000 additional property owners on the Balboa Peninsula would have to buy flood insurance, according to Seimone Jurjis, the city’s assistant community development director.” Read the full story about Newport Beach here
FEMA has been implementing new flood maps throughout the whole country. There are 22,000 flood zone communities across the country. If virtually all the new flood maps have elevated BFE’s and are expanding. How many more homes are being added into the flood plain?
As you can see from NYC Flood Map Appeal (See Picture below):
2007 FIRMS= 277,000 properties in a flood zone
2017 PFIRMS =532,000 properties in a flood zone
255,000 properties ADDED into the flood zone in New York City!
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