Definition of Community Rating System (CRS)

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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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Community cohesion
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About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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