; (2) by redesignating paragraphs (1) and (2) as subparagraphs (A) and (B), respectively, and moving the left margins of such subparagraphs, as so redesignated, and the matter following subparagraph (B), 2 ems to the right; and (3) by adding at the end the following new paragraph: (2) Inapplicability to multiple-loss properties Paragraph (1) shall not apply to multiple-loss properties. . (i) Clear communication of multiple-Loss property status (1) In general Subsection (l) of section 1308 of the National Flood Insurance Act of 1968 ( 42 U.S.C. 4015(l) ), as amended by the preceding provisions of this Act, is further amended by adding at the end the following new paragraph: (2) Multiple-loss properties Pursuant to paragraph (1), the Administrator shall clearly communicate to all policyholders for multiple-loss properties the effect on the premium rates charged for such a property of filing any further claims under a flood insurance policy with respect to that property . (j) Mitigation assistance program Section 1366 of the National Flood Insurance Act of 1968 ( 42 U.S.C. 4104c ) is amended— (1) in subsection (a)— (A) in the matter preceding paragraph (1), by inserting after the period at the end of the first sentence the following: Priority under the program shall be given to providing assistance with respect to multiple-loss properties. ; (B) in paragraph (1), by inserting and after the semicolon at the end; and (C) by striking paragraphs (2) and (3) and inserting the following: (2) to property owners, in coordination with the State and community, in the form of direct grants under this section for carrying out mitigation activities that reduce flood damage to extreme repetitive-loss properties. The Administrator shall take such actions as may be necessary to ensure that grants under this subsection are provided in a manner that is consistent with the delivery of coverage for increased cost of compliance provided under section 1304(b).