[Code of Federal Regulations]

[Title 24, Volume 3]

[Revised as of April 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 24CFR574.640]



[Page 215]

 

                 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

    (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.).