Quincy - The Problem Densely developed Year after year claims to the national flood insurance program 5 Million from 1978 - 2007.

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Presentation transcript:

Quincy - The Problem Densely developed Year after year claims to the national flood insurance program 5 Million from

Quincy - The Solution : ~$1 million (federal) & 46 properties FEMA Grants + Homeowner Money

Base Flood Elevation (BFE) FREEBOARD (the minimum height required for compliance with the National Flood Insurance Program) freeboard

Base Flood Elevation (BFE) FREEBOARD (the minimum height required for compliance with the National Flood Insurance Program) freeboard

freeboard? $

~$1,000 per foot of freeboard (+~$18/month)

WITHOUT FREEBOARDWITH 3’ FREEBOARD Annual flood insurance: $5499 Annual flood insurance: $2084 ( - $284/month)

Homeowner savings V ZoneA Zone Annual savings in NFIP premiums Savings over 30- year mortgage Annual savings in NFIP premiums Savings over 30- year mortgage 1' freeboard $1,360 ( 25% ) $40,800 $502 ( 41% ) $15,060 2' freeboard $2,730 ( 50% ) $81,900 $678 ( 55% ) $20,340 3' freeboard $3,415 ( 62% ) $102,450 $743 ( 60% ) $22,290

For More Information City officials from Quincy –Sean Glennon at (617) or FEMA and MEMA officers –Richard Zingarelli at (617) or –Scott MacLeod at (508) or

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