NJ homeowners anticipate Monday release of new FEMA flood maps

The new maps are expected to remove large areas from the so-called high-risk "velocity zone." Superstorm Sandy victims in New Jersey who are weighing whether

Superstorm Sandy victims in New Jersey who are weighing whether to rebuild or relocate will soon get more information that should help them decide what to do.

Superstorm Sandy victims in New Jersey who are weighing whether to rebuild or relocate will soon get more information that should help them decide what to do. (6/14/13)

MANASQUAN - The new maps are expected to remove large areas from the so-called high-risk "velocity zone."

Superstorm Sandy victims in New Jersey who are weighing whether to rebuild or relocate will soon get more information that should help them decide what to do.

The Federal Emergency Management Agency (FEMA) will release updated flood work maps for Atlantic, Ocean, Monmouth and Hudson counties on Monday.

Homeowners are hoping that they may no longer have to raise their houses to avoid high flood insurance premiums.

The new working maps are expected to remove large areas from the so-called high-risk "velocity zone." Many residents believe that far too many homes were included in these zones, said to have a 1 percent chance each year of being struck with 3-foot waves.

In December, FEMA released an advisory flood map based on data compiled before Sandy that showed the risk of flood levels was worse than believed. Homes in the “V-zone” would have to be raised or homeowners would risk higher premiums for flood insurance.

Homeowners feared they would not be able to afford the costs to comply.
 

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