Tag: flood insurance

NAHB Opposes Flood Insurance Bill that Clears House Panel

Filed in Capitol Hill by on June 16, 2017 0 Comments
NAHB Opposes Flood Insurance Bill that Clears House Panel

As the House Financial Services Committee voted today to approve the 21st Century Flood Reform Act, NAHB vowed to fight the measure and to work with Republican lawmakers to craft an alternative measure.

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NAHB Members Stand Out at Flood Insurance Hearing

NAHB Members Stand Out at Flood Insurance Hearing

Inaccurate Flood Insurance Rate Maps inflate home prices, hike premiums for home owners and create havoc for small businesses, particularly the home builders, remodelers and other contractors working on residential construction projects in the nation’s floodplains, members told Senators today.

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NAHB Cites Importance of Accurate Flood Insurance Rate Maps

Filed in Capitol Hill, Codes and Regulations by on June 6, 2016 0 Comments
NAHB Cites Importance of Accurate Flood Insurance Rate Maps

During a June 3 industry roundtable in Kansas City hosted by House Housing and Opportunity Subcommittee Ranking Member Emanuel Cleaver (D-Mo.), NAHB Immediate Past Chairman Tom Woods said that any reform efforts regarding reauthorization of the National Flood Insurance Program must address the accuracy of Flood Insurance Rate Maps.

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Changes to Flood Insurance Rates Effective April 1

Changes to Flood Insurance Rates Effective April 1

A wide range of builders, developers, businesses, home owners and insurance agents operating in areas covered by the National Flood Insurance Program (NFIP) will be impacted.

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FEMA Must Get its Flood Remapping Process Right

Filed in Capitol Hill, Codes and Regulations by on January 8, 2016 1 Comment
FEMA Must Get its Flood Remapping Process Right

NAHB Chairman Tom Woods told Congress today that it is vitally important that the Federal Emergency Management Agency gets is remapping process right in order for the National Flood Insurance Program to continue providing affordable insurance to property owners.

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Don’t be Fooled: Flood Insurance Rates Rise April 1

Don’t be Fooled: Flood Insurance Rates Rise April 1

Rate hikes and other changes to the National Flood Insurance Program go into effect on April Fool’s Day. But the list is no joke.

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New Floodplain Rules Would Limit Construction

New Floodplain Rules Would Limit Construction

NAHB is digging into a new Executive Order that could have a significant impact on how and where our members develop, build and remodel homes and communities near coasts and rivers.

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NAHB Delivers in Lackluster Congress

Filed in Capitol Hill by on December 17, 2014 0 Comments
NAHB Delivers in Lackluster Congress

Though the 113th Congress is destined to be the least productive legislative session in 40 years in terms of laws passed, NAHB was able to achieve considerable victories for its members.

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NAHB Policy Victories Add Up to Real Savings for Members

Filed in Capitol Hill, Codes and Regulations by on October 29, 2014 0 Comments
NAHB Policy Victories Add Up to Real Savings for Members

Did you know that NAHB saved the typical builder member $6,200 on every new home they started last year and that NAHB policy victories have contributed to real savings for members in 2014? You can learn more about the value of your membership at valueofnahb.org.

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Multifamily Building Owners Eligible for More Flood Insurance Coverage

Filed in Multifamily by on May 12, 2014 0 Comments
Multifamily Building Owners Eligible for More Flood Insurance Coverage

On June 1, owners of multifamily rental buildings of more than five units will be able to obtain a maximum of $500,000 worth of insurance through the National Flood Insurance Program (NFIP), just like other commercial buildings. FEMA was given authority to make that change through the Biggert-Waters Flood Insurance Reform Act of 2012. This rule […]

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