FEMA releases new Hillsborough County flood maps -62k more houses

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Hey guys, 

Found this article yesterday in the Tampa Bay Times: 

Roughly 62,000 Hillsborough County properties could soon have a new flood zone designation.

The Federal Emergency Management Agency released new proposed flood maps for coastal parts of Hillsborough and Manatee counties. Updated for the first time in nearly 30 years, the maps better reflect the flooding risk homes and businesses face.

"The biggest reason for doing (the update) is that technology has changed," said Mark Vieira, senior engineer at FEMA. "A lot more data goes into the study than it did 30 years ago."

Source: https://www.tampabay.com/business/fema-releases-pr...

This could potentially raise the insurance for many many investors.