The Cumberland River passes through the town I worked in and the local street department had authority to approve no-rise certifications, despite the Corps of Engineers having a flowage easement on that section of the Cumberland and the other agencies mentioned above having their thumb in the pie.
The engineer at the street department made it very clear that he was not stamping the no-rise certifications, and that the design engineer would take all responsibility.
If you're narrowing the flood plain, you increase the velocity in the area of flood plain constriction. This has scour consequences associated with it downstream, and ponding consequences upstream as the cross-section narrows. Beware what you stamp! Don't take on a project that could lead to you losing your license if the land upstream floods.
I'd also be wary of old FEMA flood maps. The maps in the region in which I worked are over 20 years old and the area has developed significantly in the intervening years. Of course, flood studies are littered with uncertainty (What is a 100-year storm? How accurate are the regression equations? How well do they apply to my drainage basin?) and it's a debatable point whether development increases or decreases the severity of a flood in your immediate vicinity (urban run-off flows faster and may escape before the flood peak arrives... but there's more of it).
While I did my best with the flood studies I produced, I sleep easier at night knowing that I didn't stamp them, and also knowing that the 100-year flood elevation I set was used to set property boundaries, not finished floor elevations, which were a few feet higher!
Finally, under NPDES Phase II rivers in that town now need a 50' buffer from either top-of-bank. Would your development encroach into this area? Even if buffers aren't required in your area (yet), the environment will thank you if you preserve the natural vegetation on your creek overbanks!