Case Study

Multifamily

Multifamily Property Removed from SFHA Prior to Renewal

La Porte, TX

Image of Multifamily property for Multifamily Property Removed from SFHA Prior to Renewal

$130K + in Added Property Value

Solutions Found:

LOMA

Solutions Value: ≈$8K in Flood Insurance Mandates Removed | $130K in Added Property Value

NFE Solutions: LOMA (Letter of Map Amendment)

The NFE team recently completed a time-sensitive project for a multifamily property in La Porte, TX, which involved obtaining Letters of Map Amendment (LOMA) for four buildings. To our delight and that of the client, FEMA approved the LOMA application within 48 hours of submission, allowing our clients to cancel their flood policies without incurring renewal expenses.

This project's success is a testament to NFE's unwavering dedication to delivering exceptional customer service and meeting tight deadlines. Trust NFE to deliver outstanding results, even with challenging timeframes!

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$8K in Insurance Mandate Removed

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$185,000 in Added Property Value

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$500,000 in Added Property Value

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Learn how NFE's Flood Expert Survey helped a multifamily property in Houston, FL achieve LOMA compliance, remove additional buildings from the flood zone, save over $31k in flood insurance premiums, and increase property value by $500k.