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<br />. <br /> <br />The natural <br />plains were <br />d.evel opmen t <br /> <br />and beneficial values of <br />being rapidly diminished by <br />and flood protection projects. <br /> <br />flood <br />both <br /> <br />This recognition of the need for change led to emergence of <br />a broader approach. This approach was designed to combat <br />flood problems more effectively and to reconcile the <br />objective of flood loss reduction with that of preserving <br />and enhancing natural flood plain values. This new approach <br />was based on: <br /> <br />. Controlling development of flood plains through <br />regulatory measures and withholding financial. <br />assistance from government for new developments <br />and improvements to existing developments in <br />areas subject to flooding. <br /> <br />. Using a wider range of tools t~ reduce 'flood <br />losse~ to both existing and new structure~ and <br />emphasizing use, of those tools causing less <br />severe environmental impacts. <br /> <br />. Assumption by state and local governments and <br />private property owners of a greater share of <br />responsibility for the consequences of flood <br />plain development. <br /> <br />. Incorporating concern for natural values into <br />decisions about flood plain development and <br />projects for flood loss reduction. <br /> <br />This new approach was implemented over a period of several <br />years by several legislative acts and presidential orders. <br />The most important of these were the National flood <br />Insurance Act of 1968 (as amended), the Water Resources <br />Development Act of 1974, the Disaster Relief Act of 1974, <br /> <br />5 <br /> <br />