Certified Floodplain Manager (CFM) Practice Exam

What did the 1973 Flood Disaster Protection Act institute?

1. The Voluntary Purchase Requirement

2. The Mandatory Evacuation Requirement

3. The Mandatory Purchase Requirement

4. The Optional Insurance Requirement

The correct answer is: The Mandatory Purchase Requirement

The 1973 Flood Disaster Protection Act did not institute the Voluntary Purchase Requirement (A) because it made it mandatory for federally regulated lenders to require flood insurance on all properties located in high-risk flood areas. Additionally, it did not institute the Mandatory Evacuation Requirement (B) as that is a measure typically taken during a natural disaster and was not specifically outlined in the Act. Lastly, it did not institute the Optional Insurance Requirement (D) as flood insurance was made mandatory for high-risk areas in order to protect homeowners and communities from devastating financial losses due to flooding. Therefore, the correct answer is C, the Mandatory Purchase Requirement.