Flood Insurance Program Extended Through September

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The National Flood Insurance Program (NFIP) recently received another “kick-down-the-road,” so to speak, as part of the $19 billion disaster relief bill that was passed by Congress and signed by the President the first week of June.  The measure, tacked into the disaster relief bill, extended the National Flood Insurance Program until the end of September, 2019.

Click here to read the full release at FEMA.gov.

UPDATE:

DSNews is reporting that House Financial Services Committee Chair Maxine Waters and Ranking Member Patrick McHenry have reached an agreement on a five-year reauthorization of the National Flood Insurance Program (NFIP) through Sept. 30, 2024.  The article states that both the NAHB and the NAR have both “expressed their satisfaction with the deal.”  Stay tuned…

 

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Director of Education & Outreach, National Real Estate Investors Association

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