DHS may not award a grant for personal property if a structure is located in a designated special flood hazard area in which the sale of flood insurance is available under NFIP, unless:
  (1) you obtain adequate flood insurance;
  (2) you maintain such insurance for as long as you live at that property address; or
  (3) your coverage equals the maximum grant established by FEMA for the Federal Assistance to Individuals and Households Program.

Source Note: The provisions of this §386.504 adopted to be effective April 6, 2003, 28 TexReg 2956; transferred effective September 1, 2004, as published in the Texas Register September 17, 2004, 29 TexReg 9013