Congress’ budget extends flood insurance to July

By
Real Estate Agent with One World Realty Inc. SL675447

The National Flood Insurance Program (NFIP) got a four-month reprieve as part of a massive $1.3 trillion federal spending deal unveiled late Wednesday evening and signed by President Trump on Friday – the fourth temporary extension of the program since September.

But lawmakers on Capitol Hill now face a July deadline to either overhaul the NFIP, extend it again – or let it lapse in the midst of hurricane season.

That could put added pressure on Congress to hammer out a deal on how to shore up the debt-laden federally run insurance program. A compromise on the program has so far been elusive.

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Rainmaker
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Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Donald. The whole program needs to be rethought, but not allowed to lapse. Enjoy your day!

Mar 26, 2018 05:11 AM #1
Rainmaker
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Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I wonder how long these temporary extensions will keep going.  It would be nice to have a fix for this troubled program.

Mar 26, 2018 05:46 AM #2
Rainmaker
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Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Good morning Donald Urschalitz 

Thank you for sharing your information with us

Have a great day.

Mar 26, 2018 05:55 AM #3
Ambassador
3,454,744
Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Hi Donald- so many times they keep kicking things down the road.

Mar 26, 2018 05:58 PM #4
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Donald Urschalitz

P.A. Realtor ABR RSPS North Palm Beach County
Real Estate Specialist in Palm Beach County Florida
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