FEMA Standard Value for estimation methodology is Residential (default): $1.44 per explained. square foot per month; one-time costs is $500. Possible documentation if the default value is overwritten includes: copies of advertisements for local rentals in the community, records of phone contacts with rental agencies, and receipts from similar rentals. Loss of Rent Loss of Rent is for rental properties Provide receipts for rent payments $0.00 and does not include one-time or owner’s records as only costs. documentation. Value of Contents of Enter the value of contents stored Data is available from owner. $0.00 Crawlspace between the ground and the underside $0.00 of the lowest flood structural component. The value of contents of crawlspace only applies to structures with pier foundation types. An itemized list of contents in the crawlspace must be provided. Non-Residential: Critical facility types include fire Information regarding the number Not Applicable Building – Loss of Service station, hospital, police station, and of people served by a critical is Residential. other. The fire station facility type facility (or by alternate hospitals) includes fire fighting, search and can be obtained from the rescue, public shelter, and Emergency municipality, facility operations Medical Services, if they are located in managers, or documents such as the same facility. The hospital facility annual reports. type includes in-patient hospitals and
FEMA Standard Value for Residential (default): $1.44 per square foot per month; one-time costs is $500. Possible documentation if the default value is overwritten includes: copies of advertisements for local rentals in the community, records of phone contacts with rental agencies, and receipts from similar rentals. estimation methodology is explained. Loss of Rent Loss of Rent is for rental properties only and does not include one-time costs. Provide receipts for rent payments or owner’s records as documentation. $0.00 Value of Contents of Crawlspace Enter the value of contents stored between the ground and the underside of the lowest flood structural component. The value of contents of crawlspace only applies to structures with pier foundation types. An itemized list of contents in the crawlspace must be provided. Data is available from owner. $0.00 $0.00 Non-Residential: Loss of Service Critical facility types include fire station, hospital, police station, and other. The fire station facility type includes fire fighting, search and rescue, public shelter, and Emergency Medical Services, if they are located in the same facility. The hospital facility type includes in-patient hospitals and Information regarding the number of people served by a critical facility (or by alternate hospitals) can be obtained from the municipality, facility operations managers, or documents such as annual reports. Not Applicable – Building is Residential.
DataDocumentationTemplate_flood.docx