Tag: flood insurance

New FEMA Risk Rating 2.0 to Determine Flood Insurance Rates

Filed in Codes and Regulations, Environmental by on July 18, 2019 0 Comments
New FEMA Risk Rating 2.0 to Determine Flood Insurance Rates

The Federal Emergency Management Agency (FEMA), which oversees and implements the National Flood Insurance Program (NFIP), has initiated a long-term effort to transform the program to make it more consumer friendly and better reflect the actual risks properties face.

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House Panel Approves Long-Term Flood Insurance Reauthorization

Filed in Capitol Hill, Environmental by on June 12, 2019 0 Comments
House Panel Approves Long-Term Flood Insurance Reauthorization

The House Financial Services Committee voted today to advance NAHB-supported bipartisan legislation that would reauthorize the National Flood Insurance Program for five years through Sept. 30, 2024.

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In a Win for NAHB, House Leaders Agree on Long-Term Flood Insurance Deal

Filed in Capitol Hill by on June 7, 2019 0 Comments
In a Win for NAHB, House Leaders Agree on Long-Term Flood Insurance Deal

In an important victory for NAHB, House Financial Services Committee Chair Maxine Waters (D-Calif.) 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.

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Congress Approves 4-Month Extension of Flood Insurance Program

Filed in Capitol Hill, Disaster Response by on June 3, 2019 1 Comment
Congress Approves 4-Month Extension of Flood Insurance Program

The House and Senate have approved disaster relief legislation that extends funding for the National Flood Insurance Program (NFIP) for another four months through Sept. 30, 2019.

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NAHB Helps Avert Lapse in Federal Flood Insurance Program

Filed in Capitol Hill, Disaster Response by on May 30, 2019 0 Comments
NAHB Helps Avert Lapse in Federal Flood Insurance Program

Thanks in large part to NAHB’s efforts, the House and Senate have approved legislation that extends funding for the National Flood Insurance Program (NFIP) for another two weeks through June 14, 2019.

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Federal Flood Insurance Program Could Lapse and Jeopardize Home Sales

Filed in Capitol Hill, Disaster Response by on May 29, 2019 0 Comments
Federal Flood Insurance Program Could Lapse and Jeopardize Home Sales

The National Flood Insurance Program (NFIP) is facing a short-term lapse and any home buyers who require federal flood insurance are encouraged to move any June closings up to May 31 if possible.

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Congress Extends Flood Insurance Program Through May 31

Filed in Capitol Hill by on December 22, 2018 2 Comments
Congress Extends Flood Insurance Program Through May 31

Although Congress and the White House failed to avert a partial government shutdown, NAHB achieved a significant victory when lawmakers agreed to extend funding for the National Flood Insurance Program (NFIP) through May 31, 2019. Absent congressional action, funding would have expired for the program last night.

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Flood Insurance Program Extended Through Dec. 21

Filed in Capitol Hill by on December 6, 2018 0 Comments
Flood Insurance Program Extended Through Dec. 21

Congress has approved a short-term continuing resolution that will keep the National Flood Insurance Program running through Dec. 21.

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FAA Bill Includes Key Housing Affordability Provisions

Filed in Capitol Hill, Codes and Regulations by on September 28, 2018 3 Comments
FAA Bill Includes Key Housing Affordability Provisions

The House has passed a five-year FAA reauthorization bill that contains a key provision championed by NAHB that will delay a major building and affordability barrier that would have started in the Pacific Northwest and quickly spread throughout the country.

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House Extends Flood Insurance Program Through Nov. 30

Filed in Capitol Hill by on July 25, 2018 0 Comments
House Extends Flood Insurance Program Through Nov. 30

With a July 31 deadline looming, the House today approved a four-month extension of the National Flood Insurance Program (NFIP) until Nov. 30. It is anticipated that the Senate will approve a similar bill before the NFIP is set to expire on July 31.

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