Supervisor Bill Reilich recently announced the town of Greece achieved a Class 6 rating through its participation in the National Flood Insurance Community Rating System program, which will result in additional savings for taxpayers.
The town’s participation as a Class 6 CRS community will provide residents within Federal Emergency Management Agency’s Special Flood Hazard Area with a 20 percent discount on their flood insurance policies.
Benefits include improved public safety, property loss reduction, open space and natural resource protection and better post-disaster recovery. This reduction is significant, as flood insurance rates rose due to federal laws aimed at making the program self-funding and the elimination of subsidies.
The National Flood Insurance CRS program is a voluntary incentive program managed by the insurance industry and recognized by FEMA. CRS recognizes communities for enforcing floodplain management activities that exceed the minimum NFI program requirements. CRS credit points are earned for various floodplain management activities, which are organized under four categories: public information activities, mapping and regulations, flood damage reduction activities and warning and response.
Greece will become the highest rated CRS community in the state, effective May 1. The town is among 34 communities that took on the effort and responsibility of becoming a CRS community within New York. A letter from the NYS Department of Environmental Conservation said the town of Greece always was a leader for the CRS program, serving as an example and resource for other communities interested in improving their CRS rating.
Reilich’s participation in the CRS program in 2014 provided residents within the FEMA Special Flood Hazard Area with a 10 percent discount on their flood insurance policies due to the Class 8 rating held by the town. Greece was acknowledged officially at the 2017 annual meeting of the NYS Floodplain and Stormwater Managers Association for advancing its status to Class 7. The town continued to invest in efforts aligning with flood insurance policies, resulting in the Class 6 rating.
This makes Greece the only Class 6 municipality in the state, meaning the town holds the highest rating for its efforts to protect its citizens from losses caused by flooding. The town exceeded the requirements for NFIP participation and effective floodplain management.
“Since first taking office, saving taxpayer dollars has been my top priority,” Reilich said. “I am continuously searching for opportunities and programs to save residents money. I am pleased to announce that, effective May 1, town of Greece citizens who currently have flood insurance will receive a 20 percent reduction on their NFI rates. As a result of the efforts the Greece town board and I have put into participating in CRS, our community is in an improved position to address the increasing frequency of flood events.”