WebThe purpose of this part is to set forth the responsibilities of the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation (collectively, Enterprises) under the Flood Disaster Protection Act of 1973 (FDPA), as amended (42 U.S.C. 4002 et seq.) and the procedures to be used by the Federal Housing Finance Agency ...
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WebThis Act, referred to in text, means Pub. L. 93–234, Dec. 31, 1973, 87 Stat. 975, known as the Flood Disaster Protection Act of 1973. For complete classification of this Act to the Code, see Short Title of 1973 Amendment note set out under section 4001 of this title and Tables. The Disaster Relief and Emergency Assistance Act, referred to in ... WebApr 11, 2024 · Section 7 of the Endangered Species Act of 1973, 16 U.S.C. 1531–1544, and Section 1536. 4. Marine Mammal Protection Act, ... Section 106 of the National Historic Preservation Act of 1966, as amended, 54 U.S.C. 306101 et seq. 10. Section 4(f) ... Flood Disaster Protection Act, 42 U.S.C. 4001–4128. 23. Land and Water …
WebFlood Disaster Protection Act of 1973 Requires that flood insurance protection be purchased for any project located in Special Flood Hazard Areas (SFHA), designated by FEMA as 100-year or 500-year flood zones, as a condition of the recipient using any HUD funds. This insurance is available because the community has joined the National Flood ... WebNov 3, 2024 · The FDIC has, with the consent Renasant Bank, Tupelo, Mississippi, ordered the bank to pay a $132,000 civil money penalty for its pattern or practice of violations of the Flood Disaster Protection Act of 1973 (FDPA_, as amended.The FDIC determined that Renasant committed: 111 violations of section 102(b)(1) of the FDPA and section …
WebFeb 4, 2024 · The FCA also enforces the FDPA, as amended, which requires FCA to assess CMPs for a pattern or practice of committing certain specific actions in violation of the National Flood Insurance Program. The existing maximum CMP for a violation under the Flood Disaster Protection Act of 1973 is $2,000. [ 8 9] WebFlood Disaster Protection Act ... (1968 Act) and the Flood Disaster Protection Act of 1973 (FDPA). 1. The 1968 Act made federally subsidized flood insurance available to owners of improved real estate or mobile homes located in special flood hazard areas (SFHA) if their community ... amended with the passage of the Biggert-Waters Flood ...
WebJan 13, 2024 · set by the Flood Disaster Protection Act of 1973, as amended. The adjustment multiplier is the same for all FCA enforced CMPs, set at 1.07745. The maximum CMPs for violations were created in 2012 by the Biggert-Waters Act, which amended the Flood Disaster Protection Act of 1973. 1. New Penalty Amount in §622.61(a)(1)
WebNov 14, 2024 · Section was enacted as part of the Flood Disaster Protection Act of 1973, and not as part of the National Flood Insurance Act of 1968 which comprises this chapter. §4003. Definitions applicable to Flood Disaster Protection Act of 1973 (a) As used in this Act, unless the context otherwise requires, the term— great courses gnosticsWeb(1) Under the Flood Disaster Protection Act of 1973, as amended ( 42 U.S.C. 4001 - 4128 ), Federal financial assistance for acquisition and construction purposes (including rehabilitation) may not be used in an area identified by the Federal Emergency Management Agency (FEMA) as having special flood hazards, unless: great courses great toursWebDec 31, 1973 · The amendments to section 102(d)(1) of the Flood Disaster Protection Act of 1973 (42 U.S.C. 4012a(d)(1)) made by section 100209(a) of the Biggert-Waters Flood Insurance Reform Act of 2012 (Public Law 112–141; 126 Stat. 920) and by subsection (a) of this section shall apply to any loan that is originated, refinanced, increased, extended, … great courses great world religions judaismWebMar 10, 2024 · Flood Disaster Protection Act (FDPA) The National Flood Insurance Act of 1968 (amended to the Flood Disaster Protection Act of 1973) and related legislation created the National Flood Insurance Program, which makes federally backed flood insurance available to owners of improved real estate. great courses greek 101WebMar 5, 2024 · Under the provisions of the Flood Disaster Protection Act of 1973, individuals, businesses and others buying, building or improving property located in identified areas of special flood hazards within participating communities are required to purchase flood insurance as a prerequisite for receiving any type of direct or indirect … great courses great world religions hinduismWebInsurance Act of 1968 (1968 Act) and the Flood Disaster Protection Act of 1973 (FDPA).1 The 1968 Act made federally subsidized flood insurance available to owners of improved real estate or ... amended with the passage of the Biggert-Waters Flood Insurance Reform Act of 2012 (Biggert-Waters Act) and the Homeowner Flood Insurance ... great courses greek dramaWebJan 27, 2024 · Flood Disaster Protection Act of 1973 is C. Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015 1. In General The 2015 Act required all Federal agencies to adjust the CMPs yearly, starting January 15, 2024. Under Section 4(b) of the 1990 Act, as amended, annual adjustments are to be made yearly no later than January … great courses greek