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  1. #1
    Join Date
    Jan 2011
    Location
    Atlantic Ocean
    Posts
    261

    New FEMA elevation maps ABFE

    Surprised no one else brought it up so I will. Is anyone concerned with the new maps? They are preliminary and not final, but they have reclassified many homes into V zones, requiring them to be raised, and in some cases raised on pilings/piers. Not complying would cause flood insurance premiums to skyrocket. Like 30,000 bucks a year. Not a typo.

    Where do you live? Type in your address: http://www.region2coastal.com/sandy/table

    see also:
    https://www.facebook.com/StopFemaNow

  2. #2
    this is nothing more then a power play for property. Govt is offering "fair" value for anyone wanting to sell their property to them.

  3. #3
    Join Date
    Jan 2011
    Location
    Atlantic Ocean
    Posts
    261
    wow, really? that is interesting. give me a link or something

  4. #4
    Quote Originally Posted by dudeman View Post
    wow, really? that is interesting. give me a link or something
    http://foxbeach165.com/gov-cuomo-to-...enneth-lovett/

  5. #5
    Quote Originally Posted by MFitz73 View Post
    this is nothing more then a power play for property. Govt is offering "fair" value for anyone wanting to sell their property to them.
    Huge policy difference between NY and NJ here. There is zero talk right now of any buyout program in NJ. This could certainly change with one quick announcement, but for now it's really interesting to see the different approaches being taken between the two states.

  6. #6
    Join Date
    Aug 2009
    Location
    New Jersey
    Posts
    419
    Images
    25
    yeah this is absurd... there is no good option...

  7. #7
    Join Date
    Jan 2011
    Location
    Atlantic Ocean
    Posts
    261
    hmmm. well theres no effort by the state of NJ to buy properties.

  8. #8
    Join Date
    Jun 2008
    Location
    Central, NJ
    Posts
    1,082
    Images
    27
    In that "V" zone. Sh*t sucks.

  9. #9
    Join Date
    May 2012
    Location
    In th dune
    Posts
    40
    Ok where's mitchel on this one.....

  10. #10
    Join Date
    May 2012
    Location
    In th dune
    Posts
    40
    If you think about it the old FEMA maps were probably based on the assumption that a direct hit in ny nj by a major storm was a low probability. I think that has changed post sandy. Add that to the fact that models predicting climate change are updated by the most recent data and science. I bet this is just another classic example of a goverment agency getting there head out of their ass and getting up to speed, finally. It's going to suck for many. I could be speaking from my butt though...