Federal Issues
Another Flood Insurance Deadline is Fast Approaching
November 2, 2023
NFIP's authority to provide flood insurance is currently set to expire at midnight on November 17, 2023. NAR is making every effort to secure a long-term reauthorization of the program.
What is the latest?
Congress is discussing a Continuing Resolution (CR) to extend funding for the federal government after November 17, 2023. An NFIP extension is attached to the CR. In the meantime, NAR is urging the longest extension possible while Congress continues working toward a long-term reauthorization and reform measure.
Below is a link to access additional information, answer FAQ’s and some general guidelines to help you navigate through what you need to do to help your clients should the extension fail.
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