ASFPM has created a specific webpage for the new Federal Flood Risk Management Standard (FFRMS) that contains links to the various documents, as well as some background on the development of this new standard. In addition, the implementation of the new EO and FFRMS has been reported about in the New York Times, as well as the Washington Post.
From the new EO 13690:
As part of a national policy on resilience and risk reduction consistent with my Climate Action Plan, the National Security Council staff coordinated an interagency effort to create a new flood risk reduction standard for federally funded projects. The views of Governors, mayors, and other stakeholders were solicited and considered as efforts were made to establish a new flood risk reduction standard for federally funded projects. The result of these efforts is the Federal Flood Risk Management Standard (Standard), a flexible framework to increase resilience against flooding and help preserve the natural values of floodplains. Incorporating this Standard will ensure that agencies expand management from the current base flood level to a higher vertical elevation and corresponding horizontal floodplain to address current and future flood risk and ensure that projects funded with taxpayer dollars last as long as intended.
Key provisions of the new EO 13690 and the FFRMS, taken from FEMA's summary of the draft FFRMS Guidelines
It is important to note that neither this new EO 13690 nor the existing EO 11988 change the local administration of the National Flood Insurance Program (NFIP) or any state minimum standards.
A 60-day Public Comment period is now open for the Draft Federal Flood Risk Management Standard Implementing Guidelines (FFRMS) which was also released on 1/30/2015. Individuals are encouraged to submit comments before April 6, 2015. Here is a link to a FEMA Frequently Asked Questions page of the Draft FFRMS.