NIP Group’s Post

Please check out this new reference sheet summarizing various funding vehicles available for pre and post flood mitigation efforts. There are a variety of federally-funded grants and loans that can help cover the costs of creating mitigation plans, improving infrastructure, rebuilding or purchasing flood mitigation. Each of these options have different eligibility requirements and use cases, so this resource can serve as a quick summary, with direct links for more information to figure out which option could best work for your situation.

Easy 1 pager describing how communities can access Federal Flood Mitigation Funding put together by the team at Floodproofing.com. Please share with your community leaders if you have experienced flooding or are at risk!

Transform your #floodzone assets into a lucrative investment opportunity! Explore how NFE's innovative engineering solutions doubled the developable footprint and attracted a larger buyer pool for a commercial land investor in Buda, TX. By removing 20.1 acres from the Special Flood Hazard Area (SFHA), the property's potential skyrocketed, ensuring a more profitable sale and unlocking new possibilities. Learn more about this case study here: https://lnkd.in/g2_ncaBv #commercialrealestate #NOI #engineeringsolutions #floodmoney

The importance of disclosures is paramount. It is CRITICAL that all disclosures, including the new flood disclosure that went into effect March 20, 2024. If you are in the real estate industry and are unaware of this disclosure, NOW is the time to head to njpropertydisclosure.com 👈

Grants aren’t the only option to fund your flood mitigation projects… but it is often the best option. Why not bonds, utility fees, or other options?  This. This is why! Want the full video? Drop a comment for the link. #FEMAgrants #floodmitigation

Your home is one of your greatest investments, so it's important to prepare ahead of time for disasters like flooding. Check out this article for a few simple preparation tips. https://bit.ly/32am2pC

U.S. thunderstorms accounted for almost 1/3 of global insured losses for the 1st half of '23. Our Property Stratification of Values tool & CAT modeling can help you anticipate & mitigate risks from storms, earthquakes, & wildfires. Find out more in Marsh McLennan Agency's latest blog. #riskmanagement #realestate #supplychain #construction

Before making any land investment, consider this: Flood zone status matters more than you think. It's not just about the risk of flooding; it's about protecting your investment. Understanding the flood zone status can save you from costly insurance premiums, navigating strict construction regulations, and potentially losing out on future property transactions. Don't let flood damage wash away your profits. Stay informed, mitigate risks, and safeguard your investments wisely. Invest With Us Call us on 0729 382 466 for inquiries #comforthomes #plotsforsale #floodzonestatus

Recent changes to New York’s Property Condition Disclosure Statement Act (“PCDSA”), which go into effect on March 20, 2024, have notably eliminated the option for a seller of residential real property to provide a $500 credit to a buyer in lieu of providing a fully completed Property Condition Disclosure Statement (“PCDS”). Additionally, new questions regarding flood related information were added to the previously existing PCDS, along with other changes requiring the disclosure of mold.  The purpose of the changes are to provide a greater level of transparency regarding the condition of real property to a buyer and to increase seller's responsibility to disclose accurate historical information regarding such real property. To read the full article and learn more, click here: https://lnkd.in/eU2ZF2Bp

Excellent review of the NFIP and the changes Rating 2.0 is having on the public. Several good points with additional reform recommended. A FloodFlash policy is broad and an excellent alternative.