NFIP Authorization Ends on Nov.30th

Update on Friday, Nov. 30th:  Congress authorized NFIP for one week. What they will decide next week is a big question mark. What a useless bunch!!!!

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National Flood Insurance Program Set to Expire Friday

The flood insurance program was separated from the larger government spending bill earlier this year as part of a deal to keep it alive through hurricane season while leaders in Washington fought over other, more partisan parts of the appropriations bill.

Update on Nov. 30: Some details about the program, from the NMHA and the American Bar Association.

National Flood Insurance Program – two articles

Sure wish we had a Congress with a sense of responsibility and a long-term outlook!!!!

New NFIP Report is Praised

From the Union of concerned Scientists: New FEMA Study Wisely Details Ways to Make Flood Insurance Affordable. Here is the direct link to the 111-page report titled An Affordability Framework for the NFIP.

The Federal Emergency Management Agency (FEMA) released a report today detailing how Congress can modify the National Flood Insurance Program (NFIP) making insurance more affordable for low-income households and limiting their future risk. Some of the possible policy options include: sharing premium costs with FEMA, assisting those already spending significantly on other housing expenses, and providing grants or loans for mitigation actions that reduce flood risk.