Act NOW to avoid another shutdown of the National Flood Insurance Program (NFIP). As a REALTOR®, it is vital to answer the Call-for-Action from the National Association of REALTORS® to urge Congress to reform and reauthorize the NFIP.
Over 5 million homeowners in 22,000 communities around the country rely on the NFIP to provide flood insurance. If Congress allows a lapse in the NFIP, NAR estimates that 40,000 real estate transactions would be at stake each month the program shuts down. We cannot allow any more uncertainty in our real estate markets – it is time for Congress to pass a long-term reauthorization that includes much needed reforms to support a robust and lasting NFIP.
The National Flood Insurance Program (NFIP) will expire on July 31, denying necessary insurance coverage to homeowners and buyers in more than 20,000 communities nationwide. Congress must act now to reform and extend the NFIP.
Take action by urging Congress to extend the NFIP and pass meaningful reforms to ensure long-term viability of the program.