(a) In general The Director may provide funding for mitigation actions that reduce flood damages to individual properties for which 1 or more claim payments for losses have been made under flood insurance coverage under this chapter, but only if the Director determines that
(1) such activities are in the best interest of the National Flood Insurance Fund; and
(2) such activities cannot be funded under the program under section
4104c of this title because
(A) the requirements of section
4104c (g) of this title are not being met by the State or community in which the property is located; or
(B) the State or community does not have the capacity to manage such activities.
