Apartment Industry Wins with NFIP Bill

After months of waiting, there’s finally good news on flood insurance – legislation to reauthorize the National Flood Insurance Program (NFIP) successfully passed its first hurdle to becoming law by securing a strong majority of support in the House of Representatives. Although some desirable aspects didn’t make the final cut, the bill itself is a win and will play an important role in the long-term health of our industry.

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