The Department of Housing and Urban Development (HUD) has issued a one-year partial waiver to its FFRMS rule, relaxing the higher flood elevation requirement of the updated Minimum Property Standards when applying to FHA mortgages. The waiver is available at the following link: https://www.hud.gov/sites/default/files/OCHCO/documents/Temporary_Reg_Waiver_of_MPS_flood_elevation.pdf