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Landrieu: FEMA Fully Repeals Property-Sales Penalty
WASHINGTON - May 7, 2014 - (RealEstateRama) --— After a phone call with National Flood Insurance Program (NFIP) Associate Administrator David Miller today, U.S. Senator Mary L. Landrieu, D-La., announced that the Federal Emergency Management Agency (FEMA) has fully repealed one of the most harmful provisions from Biggert-Waters that made it impossible for new buyers of homes or businesses to assume a property’s existing flood insurance policy. The provision, repealed by the Homeland Flood Insurance Affordability Act, had frozen real estate markets throughout the nation and threatened to wipe out the equity thousands of middle class families had built in their homes. Up to 82,000 properties in Louisiana—and 1.1 million nationwide—will benefit from today’s announcement
Mangano, Cuomo Announce FEMA Emergency Assistance for Homeowners
New York, NY - November 15, 2012 - (RealEstateRama) -- Nassau County Executive Edward P. Mangano and Governor Andrew M. Cuomo today announced that FEMA will issue Emergency Assistance for New Yorkers whose homes were affected by Hurricane Sandy. At the...