Just in time for hurricane season, the U.S. House of Representatives passed legislation Tuesday to extend the National Flood Insurance Program through the end of the fiscal year on September 30. The program, which allows property owners to purchase affordable coverage to protect against floods, was.
Sen. Chuck Schumer was in Freeport Wednesday, calling for the extension of the National Flood Insurance Program before it expires at the end of September.
Congress extended the National Flood Insurance Program through June 14, preventing the federal initiative from expiring on Saturday. The stopgap bill was passed by the House on Thursday with a fast-track procedure used when members are on recess.
At the end of last week, Congress reauthorized the national flood insurance program (nfip), elected officials from across the Sunshine State are increasingly calling for action.. After clearing the U.S. Senate without opposition, the U.S. House agreed to reauthorize the NFIP until May on a 315-48 vote with 69 members of the House not voting.
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WASHINGTON – The National Flood Insurance Program appears to be in line for a temporary extension – again – to prevent it from expiring at the end of the month. The U.S. House on Tuesday.
· ABA Letter to the House: Support S. 1182, the national flood insurance program extension Act of 2018 – July 23, 2018 ABA Letter to the House re: Support H.R. 2874, 21st Century Flood Reform Act – November 13, 2017
If a building is newly designated in the high-risk Special Flood Hazard Area (SFHA) and you purchase flood insurance within the 13-month period following a map revision, there is a 1-day waiting period. If you purchase flood insurance in connection with making, increasing, extending or renewing your mortgage loan, there is no waiting period.
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(Bloomberg) — Congress extended the National Flood Insurance Program through June 14, preventing the federal initiative from expiring on Saturday. The stopgap bill was passed by the House on Thursday with a fast-track procedure used when members are on recess. It will allow new flood insurance.
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The National Flood Insurance Program (NFIP) was created by Congress in 1968 to protect lives, property and to reduce the financial burden from flood events. The NFIP is administered by the Federal Emergency Management Agency.
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