National Flood Insurance Program Extended

Congress has extended the National Flood Insurance Program through November 21, 2019. (The Program was set to expire on September 30th.) The National Association of Realtors continues to urge Congress to work on a long-term reauthorization of the National Flood Insurance Program.

Realtors strongly support the NFIP Reauthorization Act, which includes a 5-year extension as well as significant reforms to improve mapping, enhance mitigation and remove obstacles to private flood insurance. The legislation has been unanimously approved by the House Financial Services Committee and offers a sensible bipartisan alternative to further stopgap extensions and lapses. Posted 9/30/19