Increased Cost of Compliance The Basics (Last updated July 25, 2006)

What is eligible for ICC money? Structures:  substantially damaged (greater than 50%) by a flood or considered a repetitive loss  and in the 100-year floodplain (the Special Flood Hazard Area)  and below the current Base Flood Elevation (BFE) or higher local standard  and covered by a standard flood insurance policy

What is not eligible?  Structures already above the current BFE or in the X Zone, unless the community adopts a higher standard such as the ABFE  Structures covered by a Group Flood Insurance Policy, has condominium unit coverage, or has a policy issued or renewed in a parish or community that is part of the Emergency Program

Caution  Small Business Administration loans and Community Development Block Grants require using Advisory Base Flood Elevations

How much money can I get?  Maximum of $30,000  Based on a proof of loss, a detailed elevation cost estimate/contract, and a substantial damage declaration from the community

ICC relationship to your flood policy  Maximum you can collect for a single- family dwelling is $250,000 including an ICC claim payment  $500,000 for a non-residential structure

What can I use the money for?  Meeting local floodplain ordinance requirements for rebuilding and repairing in ways that reduce future flood damage

What are my options?  Flood proof (non residential structures)  Relocate  Elevate  Demolish

How do I make a claim?  Contact your insurance company/agent/adjuster

Are there deadlines?  Four years from the date of the substantial damage declaration or repetitive loss declaration

I qualify for ICC. But it is not enough to elevate, relocate, demolish or flood proof my home/business. Can I get money from another program to make up the difference?  Hazard Mitigation Grants Program (  Flood Mitigation Assistance (  Your community official must apply on your behalf

For additional information Contact:  The Floodplain Administrator in each parish or community  Your insurance agent  NFIP at  Visit the FEMA Web site at