NFIP expiration date looms; lapse risks disrupting US housing market

16-03-2018

NFIP expiration date looms; lapse risks disrupting US housing market

iStock/ Kyrien

The National Flood Insurance Program (NFIP) will expire on March 23, 2018 for the third time this year if Congress fails to act and a lapse in the debt-ridden programme may disrupt the national housing market and leave countless homeowners in harm’s way if a severe storm strikes, stakeholder coalition SmarterSafer has warned.


NFIP, Flood insurance, Congress, Donald Trump, Homeowners , Housing market, SmarterSafer, FEMA, North America

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