[Code of Federal Regulations]
[Title 24, Volume 3]
[Revised as of April 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 24CFR574.640]

[Page 211-212]
 
                 TITLE 24--HOUSING AND URBAN DEVELOPMENT
 
  CHAPTER V--OFFICE OF ASSISTANT SECRETARY FOR COMMUNITY PLANNING AND 
        DEVELOPMENT, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
 
PART 574_HOUSING OPPORTUNITIES FOR PERSONS WITH AIDS--Table of Contents
 
                  Subpart G_Other Federal Requirements
 
Sec. 574.640  Flood insurance protection.

    No property to be assisted under this part may be located in an area 
that has been identified by the Federal Emergency Management Agency 
(FEMA) as having special flood hazards, unless:
    (a)(1) The community in which the area is situated is participating 
in the National Flood Insurance Program and the regulations thereunder 
(44 CFR parts 59 through 79); or

[[Page 212]]

    (2) Less than a year has passed since FEMA notification regarding 
such hazards; and
    (b) The grantee will ensure that flood insurance on the structure is 
obtained in compliance with section 102(a) of the Flood Disaster 
Protection Act of 1973 (42 U.S.C. 4001 et seq.).