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Affordability of National Flood Insurance Program Premiums Report 2 (2016) / Chapter Skim
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Appendix C: Biggert-Waters Flood Insurance Reform Act of 2012 - Section 100236
Pages 109-110

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From page 109...
... , the Administrator shall enter into a contract under which the National Academy of Sciences, in consultation with the Comptroller General of the United States, shall conduct and submit to the Administrator an economic analysis of the costs and benefits to the Federal Government of a flood insurance program with full risk-based premiums, combined with meanstested Federal assistance to aid individuals who cannot afford coverage, through an insurance voucher program. The analysis shall compare the 109
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From page 110...
... 4017) , there shall be available to the Administrator from the National Flood Insurance Fund of amounts not otherwise obligated, not more than $750,000 to carry out this section.
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Key Terms

  • national flood
  • insurance program
  • insurance act
  • federal assistance
  • voucher program

  • educate consumers
  • insurance voucher
  • tested federal
  • otherwise obligated
  • including methods

  • aid individuals
  • insurance fund
  • sciences economic
  • afford coverage
  • economic analysis

  • national academy
  • flood risk
  • subsidized rates
  • risk associated
  • meanstested federal

  • affordability framework
  • maintain participation
  • targeted assistance
  • federal government
  • financial services

  • united states
  • federal budget
  • fema study
  • urban affairs


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