National Flood Insurance Program (NFIP) Extended

Quote from NAR President William E. Brown on the National Flood Insurance Extension, September 8, 2017.

Editor's note: This article has been updated since its original publication.

Statement From NAR President William E. Brown:

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"Trump Signs NFIP Extension Into Law" -- REALTOR® Magazine

Real Estate Topic: National Flood Insurance Program 

“Extending the National Flood Insurance Program was a must-do item, and Congress delivered. That’s good news for consumers, as well as an opportunity for proponents of meaningful reform. With a short extension on their side, leaders in the House and Senate should continue work on the 21st Century Flood Reform Act to strengthen the NFIP and ensure the long-term certainty that current and future homeowners demand.”

National Flood Insurance Program (NFIP) Extended

On Thursday, September 7, the Senate voted to pass a three-month extension of the National Flood Insurance Program (NFIP). The House of Representatives passed the legislation on Friday, September 8, 2017, and the President signed the bill into law later that day.

This legislation ensures that the NFIP will not lapse on September 30, 2017, and will be extended until December 8, 2017.

The NAR Call for Action concluded Friday, September 8, 2017 at 5:00 p.m. eastern time. NAR will continue our legislative advocacy efforts for the 21st Century Flood Reform Act until this long-term reauthorization and reform bill is enacted.

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