FEMA Releases Finalized Flood Maps for New Orleans

By
Real Estate Broker/Owner with Crescent City Living LLC Licensed LA RE Commission

FEMA flood maps

Finally, finally, finally.

After years of appeals, drainage improvements, flood protection improvements and much wailing and gnashing of teeth, FEMA today released the finalized flood zone maps for New Orleans. The new maps will remove several areas from high risk zones, resulting in lower flood insurance premiums for homeowners in those areas. 

The city has 6 months to adopt the new maps and plans are in the works for that to take place this summer - hopefully, prior to the start of hurricane season.

From Mayor Mitch Landrieu:

“The release of the finalized Flood Insurance Rate Maps for New Orleans ensures that required flood elevations are correctly mapped for our residents for the first time in years,” Mayor Mitch Landrieu said. “The City fought hard to guarantee the accuracy of these Flood Maps so that the actual risk was appropriately calculated. As a result of significant improvements in drainage and flood protection, flood insurance will bemore affordable for many area residents. This success would not be possible without strong partnerships with FEMA, the U.S. Army Corps of Engineers, our congressional delegation and the local community.”

 

Read the entire news release here

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Rainmaker
3,140,249
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Lisa Heindel FEMA's flood maps for New Orleans will be helpful to homeowners.

Mar 30, 2016 01:07 PM #1
Rainmaker
413,435
Lisa Heindel
Crescent City Living LLC - New Orleans, LA
New Orleans Real Estate Broker

John Pusa they certainly will be! Some homes have been pinpointed as being located in flood zones when they are not. Reduced premiums should be a definite selling point.

Mar 31, 2016 12:54 AM #2
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Rainmaker
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Lisa Heindel

New Orleans Real Estate Broker
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