The Federal Emergency Management Agency (FEMA) on Wednesday announced finalized rules for the Federal Flood Risk Management Standard (FFRMS). The FFRMS is a flexible federal standard requiring agencies to develop resilience and flood protection plans for federally funded projects and buildings, including the necessary building dimensions to protect them from flooding risks. Under the finalized rule, FEMA will also cover any applicable federal costs for implementing the standards. The standard also applies to projects involving safeguards against flooding, such as structural elevations. A Department of Homeland Security official said on a call with reporters that the standards will r
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