42 U.S.C. § 4030 : US Code - Section 4030: Grants for repetitive insurance claims properties

Search 42 U.S.C. § 4030 : US Code - Section 4030: Grants for repetitive insurance claims properties

(a) In general
The Director may provide funding for mitigation actions that
reduce flood damages to individual properties for which 1 or more
claim payments for losses have been made under flood insurance
coverage under this chapter, but only if the Director determines
that -
(1) such activities are in the best interest of the National
Flood Insurance Fund; and
(2) such activities cannot be funded under the program under
section 4104c of this title because -
(A) the requirements of section 4104c(g) of this title are
not being met by the State or community in which the property
is located; or
(B) the State or community does not have the capacity to
manage such activities.
(b) Priority for worst-case properties
In determining the properties for which funding is to be provided
under this section, the Director shall consult with the States in
which such properties are located and provide assistance for
properties in the order that will result in the greatest amount of
savings to the National Flood Insurance Fund in the shortest period
of time.