FLOOD00410

• County: Statewide
• Title: Flood Mitigation Assistance Guidance
• Date: 8/1/1997
• Prepared For: NFIP
• Prepared By: FEMA
• Floodplain - Doc Type: Flood Mitigation/Flood Warning/Watershed Restoration

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Minimum Project Eligibility Criteria

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To be eligible for funding under this part, a project must:

1. Be cost-effective.

The project shall not cost more than the anticipated value of
the reduction in both direct damages and subsequent negative
impacts to the area if future floods were to occur. Both costs
and benefits are computed on a net-present-value basis.

FEMA has developed interim guidance and software for
determining the cost-effectiveness of hazard mitigation
projects, including flood projects. Contact your FEMA
Regional Office for information on these products.

The FEMA guidance and software are based on the Office of
Management and Budget Guidelines and Discount Rates for
Benefit/Cost Analysis of Federal Program (OMB Circular A-
94).

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2. Conform with applicable Federal and State regulations
and executive orders, including:

. NFIP Floodplain Management Regulations at 44 CFR
60.3

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. 44 CFR Part 9-Floodplain Management and Protection
of Wetlands

. Executive Order 12699, Seismic Safety

. 44 CFR Part 60-Criteria for Land Management and Use

. Applicable environmental laws and regulations,
including:

o 44 CFR Part 1000Environmental Considerations

o Any other applicable Federal or State laws and
regulations

Refer to Appendix D (Environmental Documentation) for
more information on complying with these requirements.

3. Be technically feasible.

The project must use design and construction methods and
materials that are approved, codified, recognized, fall under
standard or accepted level of practice, or otherwise are
determined to be generally acceptable by the design and
construction industry.

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FEMA 299/AUGUST 1997 FLOOD MITIGATION ASSISTANCE (FMA) GUIDANCE