42 U.S.C. § 4012 : US Code - Section 4012: Scope of program and priorities

Search 42 U.S.C. § 4012 : US Code - Section 4012: Scope of program and priorities

(a) Priority for insurance for certain residential and church
properties and business concerns
In carrying out the flood insurance program the Director shall
afford a priority to making flood insurance available to cover
residential properties which are designed for the occupancy of from
one to four families, church properties, and business properties
which are owned or leased and operated by small business concerns.
(b) Availability of insurance for other properties
If on the basis of -
(1) studies and investigations undertaken and carried out and
information received or exchanged under section 4014 of this
title, and
(2) such other information as may be necessary,
the Director determines that it would be feasible to extend the
flood insurance program to cover other properties, he may take such
action under this chapter as from time to time may be necessary in
order to make flood insurance available to cover, on such basis as
may be feasible, any types and classes of -
(A) other residential properties,
(B) other business properties,
(C) agricultural properties,
(D) properties occupied by private nonprofit organizations, and
(E) properties owned by State and local governments and
agencies thereof,
and any such extensions of the program to any types and classes of
these properties shall from time to time be prescribed in
regulations.
(c) Availability of insurance in States or areas evidencing
positive interest in securing insurance and assuring adoption of
adequate land use and control measures
The Director shall make flood insurance available in only those
States or areas (or subdivisions thereof) which he has determined
have -
(1) evidenced a positive interest in securing flood insurance
coverage under the flood insurance program, and
(2) given satisfactory assurance that by December 31, 1971,
adequate land use and control measures will have been adopted for
the State or area (or subdivision) which are consistent with the
comprehensive criteria for land management and use developed
under section 4102 of this title, and that the application and
enforcement of such measures will commence as soon as technical
information on floodways and on controlling flood elevations is
available.