Section 6.94.250. Limitations on disaster grants made for flood damage.

	(a)  The following limitations apply to grants made under 6 AAC 94.200 - 6 AAC 94.280 to cover flood damage expenses:  
		(1) the division will not make grants for acquisition or construction purposes if structures to which the grant assistance is related are located in a designated special flood hazard area that has been identified by FEMA for at least one year as flood prone unless the community in which the structure is located already participates in the NFIP; however, if the community qualifies for and enters the NFIP within six months after the date the governor declares a disaster under AS 26.23.020, the division will consider applications for grants made to cover flood damage expenses in that community if the applications were timely submitted under 6 AAC 94.210;  
		(2) the division will not make grants for acquisition or construction purposes in a designated special flood hazard area in which flood insurance is available for purchase by the applicant unless the applicant agrees to purchase adequate flood insurance for the structure to which grant assistance is related; for purposes of this paragraph, adequate flood insurance is an amount of insurance coverage equivalent to the maximum individual and family grant amount calculated in accordance with 42 U.S.C. 5178(f) (Stafford Act); for purposes of this paragraph, 42 U.S.C. 5178(f), as amended as of November 23, 1988, is adopted by reference.  
	(b)  If the grantee is a homeowner, flood insurance coverage required under this section must be maintained on the residence at the flood-damaged property address for as long as the grantee owns the structure in order for the grantee to be eligible for a future grant for acquisition and construction purposes.  
	(c)  If the grantee is a renter, flood insurance required under this section must be maintained on the contents of the rental unit for as long as the grantee resides at the flood-damaged property address.  
	(d)  If flood insurance is required under this section, as a grant condition, the grantee shall provide proof of purchase of the insurance to the division within 30 days after the division disburses the grant.  
	(e)  If an applicant receives state or federal disaster assistance for a disaster and is required, but fails, to purchase and maintain flood insurance as a condition of receiving that assistance, the division will determine the applicant to be ineligible for grant assistance under 6 AAC 94.200 - 6 AAC 94.280 for items in the amount that would have been covered by the insurance.  

Authorities

26.23.020;26.23.040;26.23.050;26.23.090;26.23.220;26.23.300

Notes

Reference

6 AAC 94.220
6 AAC 94.240

Authority

AS 26.23.020 AS 26.23.040 AS 26.23.050 AS 26.23.090 AS 26.23.220 AS 26.23.300

History

Eff. 2/11/2000, Register 153; am 7/1/2000, Register 154