National Flood Insurance Program (NFIP)
Overview
National Flood Insurance is mandatory for EACH building located in designated 100 Year Flood Zones known as Zones A and V.
Flood Premiums are based on the Flood Limits versus Building Values
Building information required for rating:
. Base Flood Elevation (BFE)
. Lowest Floor Elevation
. Basement Level or No Basement
. Number of Floors
. 1-4 Family Building versus Other Residential and Non-Residential
Base Flood Elevation Certificate
It is required to certify the lowest floor (reference level) of the building so the policy can be properly rated. The certificate allows NFIP to apply actuarial rates based on degree of risk reflected by the Flood Insurance Rate Map (FIRM). In the event the certificate is NOT properly completed, the policy cannot be issued using actuarial rates.
A certificate is required for all post-FIRM structures built on or after the publication of the initial FIRM or 12/31/1974, whichever is later, for risks located in flood zones A1-A30, AE, AH, V1-V-30, VE and unnumbered A and V.
The certificate is to be completed by a registered land surveyor, engineer, or architect who is authorized by state or local law to certify elevation information.
Download printable copy of NFIP. 
Featured Project: Verne Barry Place
Verne Barry Place is a creative example of building preservation and adaptation in Grand Rapids, Mich., designed to meet the needs of some of the area’s lowest-income residents. NEF invested $13.5 million on behalf of eight investors to fund this impressive "green" development.
The 116-unit supportive housing project, developed by Dwelling Place, Inc., features seven commercial spaces and serves homeless residents, including veterans.
View project profile.
NEF Project Portfolio >GO
NEF has invested $7.5 billion of equity that has helped build 109,000 homes in 1,800 projects across America.
NEF is now on twitter!
Tweet Us today to learn more.