CALL TO ACTION! Reauthorize the National Flood Insurance Program (NFIP)


CALL TO ACTION! Reauthorize the National Flood Insurance Program (NFIP)

Call For Action - Let's Flood the House with Messages to Reauthorize the National Flood Insurance Program (NFIP)

CALL TO ACTION

 

Reauthorize the National Flood Insurance Program (NFIP)

The National Association of REALTORS (NAR) needs your help to drive messages to Members of Congress urging them to support H.R. 2874, “The 21st Century Flood Reform Act.”

More information:
Key Talking Points
HR 2874 Bill Summary on Congress.gov
NAR Section-By-Section Analysis of HR 2874
NAR Flood Insurance Portal

As a REALTOR and a constituent, I urge you to act quickly when Congress returns in September to avoid a shutdown of the National Flood Insurance Program (NFIP), which is set to expire on September 30, 2017.

Specifically, I ask you to support H.R. 2874, “The 21st Century Flood Reform Act,” a collection of seven flood insurance reform bills passed by the House Financial Services Committee.

H.R. 2874 makes a number of critical improvements to the NFIP including increased funds for mitigation activities, caps on overall premium increases, improved claim and mapping processes, as well as removing hurdles for more private market participation in the flood insurance market. Collectively these improvements will benefit both homeowners and taxpayers.

H.R. 2874 would also reauthorize the NFIP for 5 years. Over 5 million homeowners in 22,000 communities around the country rely on the NFIP to provide flood insurance. Without NFIP coverage home sales, in areas where flood insurance is required, will be delayed or even cancelled. The National Association of REALTORS estimates that past lapses of the program have effected as many as 40,000 transactions a month nationally.

I ask the House to bring up H.R. 2874, “The 21st Century Flood Reform Act,” as quickly as possible and I urge you to vote for its passage. REALTORS and property owners in your district and across the nation are counting on you to prevent a lapse in this vital program.

CALL TO ACTION

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