The National Flood Insurance Program’s (NFIP) Community Rating System (CRS) is a voluntary incentive program that recognizes and encourages community floodplain management activities that exceed the minimum NFIP requirements.
You may recall we’ve been lobbying for it since 2014. An article on our website here.
You may also have attended one of our meetings with reps from CoVB doing a presentation followed by a Q&A. Check out more posts about CRS on this website here.
The news about CRS at VBGov.com.
The CRS uses a 10-level (or point) scale to evaluate efforts. Each level below 10 receives a 5% discount on flood insurance premiums. The City will join the program as a Class 7 community, which reflects the significant investment being made to mitigate flooding issues throughout the city.
View the PDF of the presentation slides made to City Council.
The PDF includes contact info for the amazing Whitney McNamara if you have questions.
btw – with more work there’s a chance VB might be able to earn a 20% discount.