【World Property Journal】If U.S. Congress Does Not Extend NFIP Soon, Thousands of Daily Home Closings Impacted

America's National Flood Insurance Program (NFIP) is authorized to operate until 11:59 p.m. on March 14, 2025. To prevent a lapse in the program, Senator John Kennedy introduced a bill (S.824) on March 4, 2025, aiming to extend the NFIP's authorization. This bill is currently under consideration by the Senate Committee on Banking, Housing, and Urban Affairs.

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