NFEP - What does NFEP stand for? The Free Dictionary
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These policyholders benefited from an antiquated version of the four-decade-old, federally subsidized NFEP because their former premiums significantly underestimated the flood risk to their properties.
NFEP coverage for FIRM areas--known as participating communities--is contingent on several requirements that are enforced by the participating community through its building standards.