NAHB Opposes Flood Insurance Bill that Clears House Panel

As the House Financial Services Committee voted yesterday to approve the 21st Century Flood Reform Act, NAHB vowed to fight the measure until a “new construction” component is dropped from the bill.

“This is a bad bill that will make flood insurance unaffordable and inaccessible to too many home owners,” said NAHB Chairman Granger MacDonald…read more