FEMA Reinstates Federal Flood Risk Standards

Resiliency
Published

The Federal Emergency Management Agency (FEMA) on Aug. 27 announced a new interim policy to partially implement the Federal Flood Risk Management Standards (FFRMS) that would require certain structures located in Special Flood Hazard Areas to conform to higher flood elevation standards if they use Hazard Mitigation Assistance (HMA) grant funds.

Although the FFRMS was reinstated through Executive Order 14030 Climate-Related Financial Risk, signed by President Biden on May 20, the interim policy — effective immediately — is the first step toward implementation.

While further actions are anticipated by FEMA and other agencies to fully implement FFRMS, the interim policy applies to certain projects funded through hazard mitigation grant programs. Specifically, the interim policy applies to Fiscal Year 2021 funding for the Building Resilient Infrastructure and Communities (BRIC) and Flood Mitigation Assistance (FMA) programs; the Hazard Mitigation Grant Program (HMGP) for any major disaster declared on or after Aug. 27 and assistance authorized for all 59 COVID-19 disaster declarations. In addition, it applies to HMGP Post Fire for any Fire Mitigation Assistance Grant (FMAG) declarations issued on or after Aug. 27.

The interim policy partially implements the FFRMS by requiring higher flood elevations for three types of actions — elevation, dry floodproofing and mitigation reconstruction — when done in the Special Flood Hazard Area. FEMA’s approach requires additional elevation (Base Flood Elevation plus 2 feet) except in situations where doing so would result in the project being unable to meet applicable cost-effectiveness requirements.

For more information on the Hazard Mitigation Assistance Grants, visit FEMA’s website.

Subscribe to NAHBNow

Log in or create account to subscribe to notifications of new posts.

Log in to subscribe

Latest from NAHBNow

Trends

Jul 15, 2026

One-Story Homes Becoming More Popular in New Builds

Over half of new single-family homes built in 2025 were two or more stories. But the share of homes started with two or more stories fell in 2025, reflecting increased building activity in regions that prefer single-story homes.

Business Management

Jul 14, 2026

Get Big Summer Discounts on NAHB BuilderBooks' Top Titles

Looking for the best residential construction books to read in 2026? NAHB BuilderBooks titles offer practical insights you can put to work immediately.

View all

Latest Economic News

Economics

Jul 15, 2026

Building Material Prices Continue to Rise Despite Energy Price Declines

Residential building material prices, excluding energy, rose 0.5% in June and were up 4.6% from a year ago. Lower energy prices were apparent in June, as energy input prices fell 10.3% over the month. Meanwhile, prices for services rose 5.2% over the year, and were up 1.0% from the previous month.

Economics

Jul 15, 2026

Single-Family Permitting Continued to Weaken Through May

State-level permitting activity continued to reflect a divided housing market through the first five months of 2026. Elevated mortgage rates and ongoing affordability challenges continued to weigh on single-family construction across much of the country, while multifamily permitting remained comparatively stronger, supported by gains in several regions despite continued weakness in parts of the South.

Economics

Jul 14, 2026

Inflation Cooled in June as Gas Prices Eased

Inflation slowed to 3.5% in June from a three-year high last month, driven by a mid-June ceasefire agreement that stabilized oil markets and lowered energy prices.