January 19, 2023 Information Box
Hull Redevelopment Authority Information Box as published in The Hull Times on 1/19/23
How did the HRA help with flood insurance coverage for the town?
In July 17, 2012, FEMA issued new flood maps for the town of Hull. As a result, the flood insurance premiums increased for many homeowners and businesses in town.
The HRA and the Town of Hull hired Woods Hole Group, specialists in coastal environmental sciences and engineering consulting as well as oceanography and measurement systems, to evaluate and review the components FEMA used to create the flood maps. The intention was to potentially challenge the new maps.
Based on its findings, Woods Hole Group filed a letter of map revision application to FEMA for the Town of Hull.
On December 13, 2017, FEMA issued revised flood maps for the Town of Hull. This reduced flood insurance rates for approximately 1,300 properties in Hull, about 20% of the town’s 5,313 properties.