On March 21, 2014, President Obama signed the Homeowner Flood Insurance Affordability Act of 2014 into law.
This law repeals and modifies certain provisions of the Biggert-Waters Flood Insurance Reform Act, which was enacted in 2012. FEMA looks forward to working with Congress, the private Write Your Own Insurance Companies, and other stakeholders to implement these Congressionally-mandated reforms and to working toward our shared goals of helping families maintain affordable flood insurance, ensuring the financial stability of the NFIP and reducing the risks and consequences of flooding nationwide. FEMA will continue to identify and publish special flood hazards and flood risk zones as authorized and required by Congress.
Resources on this page reflect previous changes to the NFIP from the Biggert-Waters Flood Insurance Reform Act of 2012 (BW-12) and the Consolidated Appropriations Act of 2014. Materials will be updated to reflect the Homeowner Flood Insurance Affordability Act of 2014.
More information on the new law and its impacts on the NFIP will be forthcoming.
In July 2012, the U.S. Congress passed the Biggert-Waters Flood Insurance Reform Act of 2012 (BW-12) which calls on the Federal Emergency Management Agency (FEMA), and other agencies, to make a number of changes to the way the National Flood Insurance Program (NFIP) is run. Some of these changes already have occurred, and others will be implemented in the coming months. Key provisions of the legislation will require the NFIP to raise rates to reflect true flood risk, make the program more financially stable, and change how Flood Insurance Rate Map (FIRM) updates impact policyholders. The changes will mean premium rate increases for some—but not all—policyholders over time. Homeowners and business owners are encouraged to learn their flood risk and talk to their insurance agent to determine if their policy will be affected by BW-12.
Impact of Changes to the NFIP (English and Spanish) A 2-page fact sheet providing an overview of BW-12 changes including timing and who will be affected as FEMA phases out subsidies and implements Section 100205 of the law
Section 1308(h) of the National Flood Insurance Act of 1968 (42 U.S.C. § 4015 (h))
Information for State and Local Officials
FAQs for Historic Structures and BW 12 Frequently Asked Questions (FAQs) associated with the Biggert-Waters Flood Insurance Reform Act of 2012 (BW 12) and how it affects Historic Structures in the Special Flood Hazard Area (SFHA).
Elevation Certificate Resources and Information
NFIP Elevation Certificate and Instructions An administrative tool of the NFIP used to provide elevation information necessary to ensure compliance with to community floodplain management ordinances, to determine the proper insurance premium rate, or support a request for a Letter of Map Amendment (LOMA).
EC Made EZ videos This on-demand video series includes nine videos explaining what an Elevation Certificate is, how it should be completed, who can complete it, and what an agent needs to do with the document.
WYO Bulletins: W-13046 and W-13041 Direction for agents and a policyholder letter explaining Elevation Certificate requirements and the use of tentative rates for new, lapsed, or assigned pre-FIRM subsidized policies.
Quick Reference Guide A quick look at how the removal of pre-FIRM subsidies affects different policyholders. Includes information about when an Elevation Certificate is required and when tentative rates can be used.