Sunday, July 17, 2011

U.S. House votes to reauthorize flood insurance program for five years

By an overwhelming margin the U.S. House of Representatives voted last week to approved legislation that will reauthorize the National Flood Insurance Program for five years.

The flood insurance program has suffered through several short-term renewals in recent years and on at least two occasions the program has been suspended because its authorization from Congress to back flood insurance polices had expired.

Read more in NAHB's Washington Update by clicking here.

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