1. Short title This Act may be cited as the Repeatedly Flooded Communities Preparation Act . 2. Community accountability for repetitively flooded areas (a) In general Section 1361 of the National Flood Insurance Act of 1968 ( 42 U.S.C. 4102 ) is amended by adding at the end the following new subsection: (e) Community accountability for repetitively damaged areas (1) In general The Administrator shall, by regulation, require any covered community (as such term is defined in paragraph (3))— (A) to identify the areas within the community where properties described in paragraph (5)(B) or flood-damaged facilities are located to determine areas repeatedly damaged by floods and to assess, with assistance from the Administrator, the continuing risks to such areas; (B) to develop a community-specific plan for mitigating continuing flood risks to such repetitively flooded areas and to submit such plan and plan updates to the Administrator at appropriate intervals; (C) to implement such plans