Flood Insurance Rate Maps for a portion of Scottsdale have been revised, meaning a reduction in flood insurance premiums for more than 800 property owners. The changes come after an area along Rawhide Wash was restudied, from north of Happy Valley Road to south of Pinnacle Peak Road. Click here to see revised 10-year & 100-year maps
As of November 2017, the ongoing Flood Hazard Mitigation Study has selected the Conveyance Alternative from 3 alternatives considered and will begin detailed examination of exisiting floodwalls and levees along the Rawhide Wash before undertaking the design phase. (Click here for Latest Newsletter.)
Implementation of the plan will remove more than 800 property owners from its boundaries and drop a requirement that they carry flood insurance if they have a mortgage. Not all the changes are good news for property owners. A small section of the Rawhide Wash floodplain was reclassified to reflect a higher risk of flooding. Property owners in that area, totaling less than 200, may face added insurance costs, depending on their risk of structural flooding. They will have an opportunity to work with the Federal Emergency Management Agency to assess their individual risks. Based on those findings, they could see their insurance requirements remain unchanged or even dropped.