Certified Floodplain Manager (CFM) Practice Exam

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Study for the Certified Floodplain Manager (CFM) Exam with a comprehensive quiz featuring multiple-choice questions, exam tips, and in-depth explanations. Prepare yourself for the CFM certification with confidence!

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Which provision was added to the National Flood Insurance in 1994 to assist with disaster recovery?

  1. Mitigation Grants

  2. Disaster assistance provisions

  3. Lender compliance provisions

  4. Authorized CRS

The correct answer is: Disaster assistance provisions

In 1994, the National Flood Insurance Program added disaster assistance provisions to aid in disaster recovery. These provisions provide financial assistance to individuals and communities affected by flooding disasters. Option A, "Mitigation Grants," refers to grants provided by the program to help homeowners prevent flood damage to their property. Option C, "Lender compliance provisions," deals with requirements for lenders who provide mortgages in high-risk flood areas. Option D, "Authorized CRS," relates to the Community Rating System, which incentivizes communities to take flood mitigation measures by providing flood insurance discounts. While all of these options may be elements of the National Flood Insurance Program, they are not specifically added in 1994 to assist with disaster recovery like the provisions mentioned in the correct answer, B.