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ex. ^ <br />The HonocahltBarbara A. Peterson <br />AU'J ; <n i <br />Page 2 <br />flood hazard areas For example, this would prohibit mongage loans guaranteed by the Depanment <br />of Veterans Affairs, insured by the Federal Housing .A,dmin;stration. or secured by the Rural <br />Economic and Co.Timuniiy Development Services Ln the case of disaster assistance under the <br />Robert T. Stafford D saster Rei ef and Emergency Assistance Act of 19SS, as amended, this <br />prohibition only applies to assistance in connection with a fiood <br />Furthennore, Section 202(b) of P. L. 93-234, as amended, requires federally regulated lending <br />institutions to notify the purchaser or lessee of improved real property situated in a special flood <br />hazard area whether Federal disaster assistance will be available when such property is being used to <br />secure a loan that is being made, increased, extended or renewed <br />.A suspended community can regain eligibility m the NFIP by submiitting a new application and <br />enacting the floodplain management measures established in Section 60 3 of the NTI? regulations <br />However, please note that dunng the penod of suspension from the NFIP, if the community permits <br />development to take place in the floodplain that aggravates the Hood hazard, t.ne community will be <br />required to remedy the increased hazard to the maximum extent possible before eligibility can be <br />restored. <br />We encourage you to contact the .Minnesota Depanment of Natural Resources or our Regional Office <br />if you need assistance or have any questions. Our regional staff will provide technical assist.ir.ee and <br />guidanr? in the development of your community's floodplain management measures The adoption <br />of compliant fiOodplain management measures w ill ensure participation in the NFIP and will provide <br />the citizens in your community protection from disaster. <br />Sincerely, <br />David I Maurstad <br />Acting Director <br />Mitigation Division <br />Emergency Preparedness <br />and Response Directorate <br />DM.bl <br />Enclosure <br />Mr. Michael P Gafffon. CityofOrcr.o Planning Director <br />Regional Director. FE.M.A. Region V <br />NFIP State Coordinator