Community Flood Resilience Act allows states and communities to use flood mitigation grants for community-based flood insurance premiums.

The Community Flood Resilience Act aims to enhance flood resilience by allowing states and communities to use up to 15% of their flood mitigation assistance grants for premiums on community-based, parametric flood insurance policies. This policy is intended to supplement existing flood insurance coverage, offering faster payouts based on predefined conditions. The Act also mandates outreach and education efforts to promote flood insurance awareness and participation.

Community Flood Resilience Act allows states and communities to use flood mitigation grants for community-based flood insurance premiums.

The Community Flood Resilience Act aims to enhance flood resilience by allowing states and communities to use up to 15% of their flood mitigation assistance grants for premiums on community-based, parametric flood insurance policies. This policy is intended to supplement existing flood insurance coverage, offering faster payouts based on predefined conditions. The Act also mandates outreach and education efforts to promote flood insurance awareness and participation.