Black mold is a type of mold that can be found in damp, water-damaged environments. Because it thrives in these conditions, black mold is often found in homes and buildings that have been damaged by flooding or leaks. Black mold is distinctive for its black or dark green color, and it often has a musty smell. If you suspect that you have black mold in your home, it is important to take action immediately. Mold can cause serious health conditions. Standing water is also a tell-tale sign of black mold growth. If you find mold in your home, it is important to clean it up immediately and reduce moisture problems to prevent the mold from coming back.