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Electronic Code of Federal Regulations

e-CFR data is current as of March 26, 2020

Title 13Chapter IPart 123Subpart E → §123.402


Title 13: Business Credit and Assistance
PART 123—DISASTER LOAN PROGRAM
Subpart E—Pre-Disaster Mitigation Loans


§123.402   Can your business include its relocation as a mitigation measure in an application for a pre-disaster mitigation loan?

Yes, you may request a pre-disaster mitigation loan for the relocation of your business if:

(a) Your commercial real property (building) is located in a SFHA (Special Flood Hazard Area); and

(b) Your business relocates outside the SFHA but remains in the same participating pre-disaster mitigation community. Contact your regional FEMA office for a listing of communities participating in the Pre-Disaster Mitigation Program and SFHAs or visit the FEMA Web site at http://www.fema.gov.

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