LOMA
Helping our clients save $ is always fulfilling, but assisting a YMCA in saving $18,000 per year on insurance premiums was especially satisfying!
After heading up to Connecticut & completing an on-site Flood Expert Survey, our engineering team obtained a Letter of Map Amendment from FEMA, removing flood insurance mandates for this nonprofit YMCA. That's $18,000 back to their bottom line and back into programs + initiatives to support their community!
Learn how National Flood Experts helped an affordable housing community in North Kingstown, RI, increase the value of their property by $142,000, remove lender mandates for five buildings, and improve annual NOI by $8,500+. Through NFE’s comprehensive engineering review, flood expert survey, and advanced modeling services, five buildings were successfully removed from the high-risk “A” flood zone.
Through meticulous assessment and expertise, National Flood Experts successfully confirmed the removal of 20.1 acres from the flood zone, effectively doubling the developable acreage of a parcel in Buda, TX. This game-changing solution not only increased the property value but also played a pivotal role in broadening the buyer pool.
Discover how NFE successfully removed a multifamily building in Oklahoma, OK, from a complex A flood zone. After conducting a thorough Flood Expert Survey, we obtained FEMA's approval for a LOMA, saving the client nearly $7,200 per year on flood insurance and boosting property value by approx. $120,000.