Comment deadline for HUD's proposed floodplain management changes

The Department of Housing and Urban Development has published at 81 FR 74967 in today's Federal Register a proposal to revise HUD’s regulations governing floodplain management to require, as part of the decision making process established to ensure compliance with Executive orders on Floodplain Management and Federal Flood Risk Management, that a HUD assisted or financed (including mortgage insurance) project involving new construction or substantial improvement that is situated in an area subject to floods be elevated or floodproofed between 2 and 3 feet above the base flood elevation as determined by best available information.The proposal would also revise HUD’s Minimum Property Standards for one-to-four unit housing under HUD mortgage insurance and low-rent public housing programs. Comments on the proposal are due by December 27, 2016.