Realtors® statement on House vote to extend flood insurance

National Association of Realtors® President Elizabeth Mendenhall released the following statement after today’s U.S. House vote on legislation extending flood insurance funding:

“Flooding is the most common and costly natural disaster in the United States. Without an extension of authority, the National Flood Insurance Program cannot write or renew flood insurance in 22,000 communities nationwide. The bill passed by the House today ensures the program remains available to those Americans who rely upon it, while enabling Congress to continue working toward a long-term reauthorization and reform measure. We urge the Senate to take swift action on this bill before the program expires on July 31.”