The Mission of the Division's Floodplain Management Program is to reduce public and private sector losses and damage from flooding and erosion by providing coordination, funding, and technical assistance to National Flood Insurance Program (NFIP) communities.

Alaska Flood Insurance Fast Facts as of April 30, 2007

• The NFIP provides nearly $531 million in flood insurance coverage in Alaska to individuals, businesses, and renters.
• The average annual policy costs $674.
• Average flood insurance coverage is $199,519.
• As a rule, the _lower structures are built, compared to the 100-year flood elevation the ^higher the flood insurance premium.
• The average paid loss $14,949.

This is a grant program that provides assistance to NFIP-participating communities for flood mitigation planning and project activities. The DCA administers this Federal Emergency Management Agency pass-through cost share grant for developing flood mitigation plans, and flood mitigation projects.

The historic Don Sheldon Hangar Building in Talkeetna was elevated above flood levels using a Flood Mitigation Assistance Grant. The building has been renovated as a community theater. (click on picture to see larger version.)

Structures that have been flooded over and over again, called Repetitive Flood Loss Properties, are the current target for this funding to buyout, elevate, or relocate flood-prone structures.

Resources for Property Owners

USGS Flood Page

For more information:

Taunnie L. Boothby
Certified Floodplain Manager
Division of Community Advocacy
Department of Commerce, Community,
and Economic Development
550 West 7th Avenue, Suite 1770
Anchorage, AK 99501-3510
Phone: (907) 269-4583 Fax: (907) 269-4563
e-mail:  taunnie.boothby@alaska.gov