The National Flood Insurance Program Extended Through September
Louisiana REALTORS • June 4, 2019
NFIP EXTENDED TROUGH SEPTEMBER 2019
The National Flood Insurance Program (NFIP) has been extended through September . On Monday, two days into the start of hurricane season, Congress passed the bill that stopped the program from expiring. This is the twelfth time in 2 years the program has been extended.
It’s no secret the program needs serious work - but with the extension through September, does that give Congress enough time to make the changes needed to make the program successful? Only time will tell.
A huge thank you to those closely involved in bringing about these recent extensions as well as the ongoing hard work to bring about change to the program.
Take advantage of safety training and other resources provided by your local REALTOR® Association in Louisiana.
Construction Update: Act Nos. 239 and 422 Eric Landry, Breazeale, Sachse & Wilson, L.L.P. Louisiana REALTORS® Counsel
NAR is pleased to share the latest consumer guide focused on how the VA Home Loan offers a great path to homeownership for current and former military service members. As a reminder, all guides in this series are available for download—in both English and Spanish—on facts.realtor . Please allow a few days for the Spanish version of the latest resource to be translated and uploaded. For ease of reference, below is a list of the most recent guides: NEW: What Is the VA Home Loan Guaranty? 10 Tips for Packing Smartly for a Move State and Local Tax (SALT) Deductions Buying a Historic Property Making Your Home More Energy Efficient Working with a Real Estate Attorney Thank you for your continued engagement with the “Consumer Guide” series and for sharing the resources with prospective clients to ensure they have the information they need to find success in their homebuying or selling journey. Remember that these guides are for informational purposes only and are not meant to enact or change any existing NAR policy. Be on the lookout for the next consumer guide, which outlines requirements for private mortgage insurance and how it protects lenders and consumers.
