by these changes include coastal communities and waterfront homes. The procedural design of flood insurance is done through FEMA’s (Federal Emergency Management Agency) National Flood Insurance Program. Previously the Insurance Program created in 1968 was constructed around the “100-year floodplain” which is the “area that would be inundated by the 100-year flood, better thought of as an area that has a one percent or greater chance of experiencing a flood in any single year”, and large subsidies for coastal homes, especially in Florida. However, in 2019, major changes were made, and the new program called Risk Rating 2.0 was introduced, which prices a house on its individual flood risk. It will account for the distance one's house is from a flood source, the types and frequency of flooding, and characteristics of the cost to rebuild. This new program will greatly impact states like Florida that have intense risk of hurricanes and sea level rise. Through the initial program, the homes on the coast were mostly being subsidized at the cost of the homeowners more inland, and more likely lower-income and people of color. However, as previously stated, with Risk Rating 2.0, homeowners in higher risk areas of greater flooding will be paying for that risk through insurance, and with that may come with re-evaluating the longevity of one’s place on the coasts of Florida. On the other hand, with FEMA’s program as a national program, we see different impacts in places like New England. It has been indicated that states like Maine will be greatly impacted positively by the new program. The bays, inlets, and coves are proved to be good protective measures for most waterfront properties. In addition to Maine, states like Iowa and Nebraska will see impacts to their flood insurance policies. It is stated that almost 50% of Nebraskans and 40% of Iowans will see a decrease in their policies. Overall we see many different types of complications to this new set-up, such as retirees on fixed incomes, long-term mortgages, and depreciation of household value. As this program is relatively new, impacts of the program will continue to be seen in the following years. Hurricane Katrina FEMA received intense criticism for its response to the Hurricane Katrina disaster in August 2005. FEMA had pre-positioned response personnel in the Gulf Coast region. However, many could not render direct assistance and were able to report only on the dire