FIRM supports Key West’s referendum that will allow homeowners to protect their property by elevating structures up to 4′ above base flood level. This would not be a requirement for new or existing homes. Any elevation would be at the discretion of the homeowner (and, if the home is in Key West’s historic district, subject to approval by HARC). FIRM believes this is an important tactic not only to mitigate against rising flood insurance premiums, but to protect our homes for decades to come

Here is the language of the referendum:

To protect property against flooding and reduce flood insurance costs for taxpayers citywide, should the City permit an exception to building height regulations when buildings are voluntarily raised off the ground, up to four feet above FEMA established flood levels, yet no more than 40 feet in height?

As you may know, FEMA will be re-drawing flood insurance rate maps over the next few years, and the result of that redrawing will likely vary by property. (Check out this video to learn more about the issue: http://youtu.be/wFYoIgtlJL8 .) Providing homeowners with the option to elevate their structures will help us preserve our community and our way of life.

    (Click here to open a PDF copy of this endorsement.)

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