The SRL (Severe Repetitive Loss) grant program is a FEMA flood mitigation initiative that affects many Gulf Coast residents affected by Hurricane Ike, Katrina, and Rita. For those of us who have suffered repetitive losses resulting in flood insurance claims, FEMA implemented the grant program to mitigate future claims by either elevating flood prone homes or acquisition of properties from the insured claimants so they can rebuild elsewhere out of the reach of potential flood claims. SRL is an acronym for Severe Repetitive Loss which is exactly that – it applies to residential property that is covered under an NFIP flood insurance policy and:
- That has at least four NFIP claim payments (including building and contents) over $5,000 each, and the cumulative amount of such claims payments exceeds $20,000; or
- For which at least two separate claims payments (building payments only) have been made with the cumulative amount of the building portion of such claims exceeding the market value of the building.
- For both (a) and (b) above, at least two of the referenced claims must have occurred within any ten-year period, and must be greater than 10 days apart.
Each county enrolls in various federal grant programs that are managed through the Texas Water Development Board (TWDB) at the state level, administered through the Counties Office of Emergency Management (OEM), and then through the municipal engineering or building permit departments.
As a result of global warming and frequent flooding, the flood maps are being redrawn and revisions to the flood insurance programs are changing faster than we can implement them. This affects how the SRL programs are being administered. Part of the new costal flood analysis and mapping include flood phenomenon’s such as overland wave modeling which are affected by wave action in various degrees depending on the property’s proximity to the title surge such as a “LiMWA” (Limit of Moderate Wave Action) area. Though the LiMWA is only proposed at this time in the future these areas may result in elevations in excess of the Base Flood Elevation (BFE) being required. During the execution of a SRL project the TWDB is requesting that homes are elevated to meet these requirements and FEMA defines the LiMWA amount for each area to ensure that a property is elevated as high as necessary to be compliant once the new maps and LiMWA areas become effective.
The SRL grant programs are a moving target and NEWSLETTER posts will be updated from time to time with developments.