City schedules FEMA ‘49% Rule’ workshop

St. Petersburg city officials are set to hold a virtual workshop on November 8, aimed at informing residents about the FEMA ‘49% Rule’ in the context of storm rebuilding requirements. Following Hurricane Milton, the need for clarity on rebuilding regulations has become crucial for homeowners in Special Flood Hazard areas. Under the ‘49% Rule,’ if the cost of repairs to a property equals or exceeds 49% of its pre-storm market value, owners are mandated to rebuild according to current zoning, building, and floodplain standards. This workshop will serve as a vital resource for residents looking to understand their rights and responsibilities during the rebuilding process.

City officials encourage participation, highlighting that knowledge of these regulations can significantly impact recovery efforts. The workshop's timing is especially pertinent, as the community continues to face the repercussions of recent severe weather events. By providing this information, the city aims to foster resilience and ensure compliance with essential rebuilding standards. Overall, this initiative underscores the city’s commitment to supporting its residents through challenging times.