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You are here: Home | All News | Flood Insurance Extension Passes!!!!

Flood Insurance Extension Passes!!!!

In a big win for REALTORS®, the National Flood Insurance Program will continue renewing or issuing new insurance for four more months under legislation overwhelmingly passed by the U.S. Senate today. REALTORS® have been urging extension of the program for months. Almost 125,000 REALTORS®, about 15 percent of the NAR membership, contacted their members of Congress in support of the extension. A huge thank you to the 24% of NOMAR membership who responded to the “Call for Action” to help get this legislation passed!!! “We applaud lawmakers for taking this needed action to prevent disruptions to closings in thousands of communities across the country,” says NAR President Elizabeth Mendenhall. “Although the program is now extended through November 30, the NFIP is in desperate need of reforms that will make the program solvent and sustainable for the long term.”

You are here: Home | All News | Flood Insurance Extension Passes!!!!