PROGRAM OBJECTIVES:
To enable persons to purchase insurance against physical damage to or loss of buildings and/or contents therein caused by floods, mudslide (i.e., mudflow), or flood-related erosion, thereby reducing Federal disaster assistance payments, and to promote wise floodplain management practices in the Nation's flood-prone and mudflow- prone areas.

ELIGIBLE FUNCTIONAL CATEGORIES:
1. BUSINESS AND COMMERCE;
- Small Business;
2. DISASTER PREVENTION AND RELIEF;
- Flood Prevention and Control;
- Disaster Relief;
3. HOUSING;
- Property and Mortgage Insurance;

WHO CAN BENEFIT FROM THIS PROGRAM:
- Individual/Family;
- Homeowner;
- Land/Property Owner;

WHO CAN APPLY:
- Intrastate;
- State (includes District of Columbia, public institutions of higher education and hospitals);
- Local (includes State-designated Indian Tribes, excludes institutions of higher education and hospitals);