Congress extended the National flood insurance program through June. A separate $19 billion disaster aid bill, also already passed by the Senate, would further extend the flood insurance program.
· WASHINGTON, D.C. – U.S. Senator Cindy Hyde-Smith (R-Miss.) today voted to beat the midnight expiration of the National Flood Insurance Program, sending a four-month extension to President Trump. The Senate voted 86-12 to extend the NFIP through Nov. 30, 2018.
JACKSONVILLE, Fla. – The Senate has voted to extend for four months the program that provides flood insurance for nearly 5 million homeowners and business owners. The bill’s passage by an 86-12.
Homeowners in flood-prone areas will continue to receive coverage after President Donald Trump signed the National Flood Insurance Program extension bill on Saturday. The House and Senate voted favorably on the bipartisan measure Friday, extending the program for five million recipients through May 31, 2019.
Senate Extends National Flood Insurance Program. By a vote of 86-12, the United States Senate voted Tuesday to extend the National Flood Insurance Program (NFIP) until November 30. The program’s funding was otherwise set to expire at midnight, potentially disrupting housing markets in areas of the country prone to flooding.
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.
Senate Bill Would Extend National Flood Insurance Program for 10 Years. It would increase coverage limits from $250,000 to $500,000 for residential structures and $500,000 to $1,000,000 for multifamily and businesses structures to mitigate financial loss and enhance coverage for the replacement value of structures in competitive property markets.
The House Amendment to S. 1182 extends the National Flood Insurance Program, which is set to expire July 31, 2018, through November 30, 2018. This amendment does not include any reforms to the program; it is only a short-term extension. The NFIP was originally set to expire on September 30, 2017.
· Posted in Flood Insurance, Mortgages On June 3, 2019 the United States House of Representatives approved H.R. 2157, which provides for aid to address the consequences of various natural disasters and also includes an extension of the National Flood Insurance Program (NFIP) until September 30, 2019.
The measure would reauthorize the National Flood Insurance Program (NFIP), which is set to expire Sept. 30, for five years..
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