With the recent Nashville flooding, many people want to know whether or not their home is in a floodplain. Although most homeowners know this information since mortgage companies require flood insurance if in a 100-year floodplain, there are many homeowners who just have no idea.
It isn't altogether surprising that someone wouldn't know if their home was in a floodplain. Flood maps are redrawn over the years and if you paid cash for your home, or if you have paid off your mortgage, there would be no imposed flood insurance requirement. In fact, did you know that FEMA has been working with Nashville officials since October to redraw current flood maps?If you want to know if your home is in a floodplain or floodway, this handy website lets you enter your address and find out!
Move it along people, nothing to see here...
For families hit hard with the recent flooding, Nashville officials are trying to make it a bit easier by eliminating in-person requirements to apply for permits and waiving permit fees for flood damage up to $100,000. The caveat to this is, of course, whether or not the city will allow you to start rebuilding. Those located within the floodway, or those homes that have sustained damage more than 50% of their appraised value, may not yet be approved for rebuilding. According to the city's permit flyer, however, this only affects 198 homes.
Much more information concerning applying for building permits can be found here.
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