; (2) in paragraph (2), by striking the period at the end and inserting ; and ; and (3) by adding at the end the following: (3) given satisfactory assurance that, by October 1, 2022, property flood hazard disclosure requirements will have been adopted for the area (or subdivision) that meet the requirements of section 1326. . 106. Multifamily mitigation (a) In general Section 1361(d)(1) of the National Flood Insurance Act of 1968 ( 42 U.S.C. 4102(d)(1) ) is amended, in the matter preceding subparagraph (A), by inserting (including multifamily buildings in urban areas) after residential buildings . (b) Risk premium rate reduction Section 1308(k) of the National Flood Insurance Act of 1968 ( 42 U.S.C. 4015(k) ) is amended by striking the Administrator shall and all that follows through the period at the end and inserting the following: “the Administrator shall— (1) take into account the implementation of any mitigation method identified by the Administrator in the guidelines issued under section 1361(d); and (2) notwithstanding any other provision of law, charge a risk premium rate that accurately reflects the reduction in flood risk to a building, including a multifamily building in an urban area, resulting from the use of an alternative method of mitigation established by the Administrator under section 1361(d)(1). . (c) Land use controls Section 1315(a) of the National Flood Insurance Act of 1968 ( 42 U.S.C. 4022(a) ) is amended by adding at the end the following: (3) Land use controls for certain multifamily buildings in urban areas (A) Definition In this paragraph, the term covered area means an area that— (i) is an urban area