42-U.S.C.-4030

42-U.S.C.-4030

§4030 – Grants For Repetitive Insurance Claims Properties

Pathway

Title 42 > Chapter 50 > Subchapter I > Section 4030

Details

  • Reference: Section 4030
  • Legend: §4030 – Grants For Repetitive Insurance Claims Properties
  • USCode Year: 2011

Provision Content

(a) In general

The Director may provide funding for mitigation actions that reduce flood damages to individual properties for which 1 or more claim payments for losses have been made under flood insurance coverage under this chapter, but only if the Director determines that—

(1) such activities are in the best interest of the National Flood Insurance Fund; and

(2) such activities cannot be funded under the program under section 4104c of this title because—

(A) the requirements of section 4104c(g) of this title are not being met by the State or community in which the property is located; or

(B) the State or community does not have the capacity to manage such activities.

(b) Priority for worst-case properties

In determining the properties for which funding is to be provided under this section, the Director shall consult with the States in which such properties are located and provide assistance for properties in the order that will result in the greatest amount of savings to the National Flood Insurance Fund in the shortest period of time.

(Pub. L. 90–448, title XIII, §1323, as added Pub. L. 108–264, title I, §104(a), June 30, 2004, 118 Stat. 722.)

References in Text

This chapter, referred to in subsec. (a), was in the original a reference to “this title” meaning title XIII of Pub. L. 90–448, Aug. 1, 1968, 82 Stat. 572, known as the National Flood Insurance Act of 1968, which is classified principally to this chapter. For complete classification of this Act to the Code, see Short Title note set out under section 4001 of this title and Tables.

U.S. Encyclopedia of Law Coverage

42-U.S.C.-4002 in the Legal Encyclopedia: Public Health

In this entry about 42-U.S.C.-4002, find legal reference material, bibliographies and premiere content related to public health in the American Encyclopedia of Law, presenting a comprehensive view of the United States public health-specific issues, written by authorities in the field.

42-U.S.C.-4003 in the Legal Encyclopedia: Insurance

In this entry about 42-U.S.C.-4003, find legal reference material, bibliographies and premiere content related to insurance in the American Encyclopedia of Law, presenting a comprehensive view of the United States insurance-specific issues, written by authorities in the field.

42-U.S.C.-4002 in the Legal Encyclopedia: Flood

In this entry about 42-U.S.C.-4002, find legal reference material, bibliographies and premiere content related to flood in the American Encyclopedia of Law, presenting a comprehensive view of the United States flood-specific issues, written by authorities in the field.

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