National Flood Insurance Program
Federal laws require that apartment owners with federally regulated and insured mortgages on properties in high-risk flood areas purchase flood insurance. However, the private insurance market offers few policy options, often only issuing flood protection policies to high-value properties. To help fill this void, the federal government created the National Flood Insurance Program (NFIP). Read our Issue Fact Sheet.
More information on national flood insurance program, in addition to the NMHC/NAA viewpoint.Read More
NMHC calls on lawmakers to enact reforms to improve the multifamily and commercial lines of the National Flood Insurance Program (NFIP) ahead of long-term reauthorization.Read More
FEMA releases details outlining the implementation for its Risk Rating 2.0 program intended to modernize the National Flood Insurance Program (NFIP).Read More