[Insert Project Name]: Estimated Potential Losses for Flood Event Scenarios Type Inventory Estimated Value % of Total 10% (10-yr) Dollar Losses1 10% Loss Ratio2 2% (50-yr) Dollar Losses1 2% Loss Ratio2 1% (100-yr) Dollar Losses1 1% Loss Ratio2 0.2% (500-yr) Dollar Losses1 0.2% Loss Ratio2 Annualized Losses1 ($/yr) Ann. Loss Ratio2 Residential Building & Contents N/A or ##,### N/A or ##% N/A or ##,### N/A or ##% N/A or ##,### N/A or ##% N/A or ##,### N/A or ##% N/A or ##,### N/A or ##% N/A or ##,### N/A or ##% Commercial Building & Contents Other Building & Contents Total Building & Contents3 $x $x $x $x $x Business Disruption4 $x $x $x $x $x TOTAL5 $x $x $x $x $x Source: Hazus analysis results stored as the Flood Risk Assessment Dataset in the Flood Risk Database. 1Losses shown are rounded to nearest $10,000 for values under $100,000 and to the nearest $100,000 for values over $100,000. 2Loss ratio = Dollar Losses ÷ Estimated Value. Loss Ratios are rounded to the nearest integer percent. 3Total Building and Contents = Residential Building and Contents + Commercial Building and Contents + Other Building and Contents. 4Business Disruption = Inventory Loss + Relocation Cost + Income Loss + Rental Income Loss + Wage Loss + Direct Output Loss. 5Total = Total Building and Contents + Business Disruption The figures in this table only represent information within the [Insert Project Name]
Education and Awareness Activities Public education and awareness activities advise residents, business owners, potential property buyers, and visitors about floods, hazardous areas, and mitigation techniques they can use to reduce the flood risk to themselves and their property. Examples include: Readily available and readable updated maps Outreach projects Technical assistance Real estate disclosure Environmental education Risk information via the nightly news In Section 3, specific Areas of Mitigation Interest were identified. Table 4.1 below identifies possible mitigation actions for each AoMI to consider. Table 41. Mitigation Actions for Areas of Mitigation Interest AoMI Possible Actions to Reduce Flood Risk Dams Engineering assessment Dam upgrades and strengthening Emergency Action Plan Dam removal Easement creation in impoundment and downstream inundation areas Levees (accredited and non-accredited) and significant levee-like structures Generally same as dams above Purchase of flood insurance for at-risk structures Coastal Structures Jetties Groins Seawalls Other structures Increase coastal setbacks for construction Habitat restoration programs Wetland restoration and mitigation banking programs Engineering assessment Structure upgrades and strengthening Emergency Action Plan Structure removal Stream Flow Constrictions (Undersized culverts or bridge openings) Engineering analysis Replacement of structure pre- and post-disaster
Hazard Mitigation Grant Program (HMGP) Robert T. Stafford Disaster Relief and Emergency Assistance Act Activated after a presidential disaster declaration; provides funds on a sliding scale formula based on a percentage of the total federal assistance for a disaster for long-term mitigation measures to reduce vulnerability to natural hazards Flood Mitigation Assistance (FMA) National Flood Insurance Reform Act Reduce or eliminate claims against the NFIP Pre-Disaster Mitigation (PDM) Disaster Mitigation Act National competitive program focused on mitigation project and planning activities that address multiple natural hazards The HMGP and PDM programs offer funding for mitigation planning and project activities that address multiple natural hazard events. The FMA program focuses funding efforts on reducing claims against the NFIP. Funding under the HMA programs is subject to availability of annual appropriations, and HMGP funding is also subject to the amount of FEMA disaster recovery assistance provided under a presidential major disaster declaration. FEMA’s HMA grants are awarded to eligible states, federally-recognized tribes, and territories (Applicant) that, in turn, provide sub-grants to local governments and communities The Applicant selects and prioritizes sub-applications developed and submitted to them by sub-applicants and submits them to FEMA for funding consideration. Prospective should consult the office designated as their applicant for further information regarding specific program and application requirements. Contact information for the FEMA and (SHMO) is available on the FEMA website (). Additional Mitigation Programs and Assistance Several additional agencies including USACE, Natural Resource Conservation Service (NRCS), U.S. Geological Survey (USGS), NOAA, and others have specialists on staff and can offer further information on flood hazard mitigation. The State NFIP Coordinator and SHMO are sources of information and assistance, which vary among different states.