TeachMeFinance.com - explain Community Rating System (CRS)
Community Rating System (CRS) The term 'Community Rating System (CRS)' as it applies to the area of flooding can be defined as 'A program developed by the FEMA Mitigation Division to provide incentives for those communities in the National Flood Insurance Program that have gone beyond the minimum floodplain management requirements to develop extra measures to provide protection from flooding'.
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