Here’s what you need to know:
Coming from: www.houstonchronicle.com
“New floodplain maps for the Houston area will be released in spring of 2025, according to the Federal Emergency Management Agency. What does that mean for homeowners?
What is a 100-year floodplain?
Most mortgages require homeowners who live within the 100-year floodplain — or the area at risk of flooding during a major storm that has a 1% chance of happening in any given year — to have flood insurance.”
