Archives
Foxx Statement on H.R. 41
Washington, D.C. - January 08, 2012 - (RealEstateRama) -- Congresswoman Virginia Foxx, R-NC, today issued the following statement regarding her vote against H.R. 41, legislation that would increase federal deficit spending by granting additional borro...
Hurricane Irene Underscores Importance of Reauthorizing National Flood Insurance Program
Washington, DC - August 26, 2011 - (RealEstateRama) -- As homeowners across the East Coast brace for Hurricane Irene and the heavy rains that are expected to fall over the next few days, the current threat underscores the importance of flood insurance, which is the only way for homeowners to financially protect their property or businesses from flood damages.
Builders Back Reauthorization of Flood Insurance Program
WASHINGTON, D.C. - June 23, 2011 - (RealEstateRama) -- The National Association of Home Builders (NAHB) today expressed support for a five-year extension of the National Flood Insurance Program (NFIP) to ensure that the federally-backed flood insurance program remains efficient and effective in protecting flood-prone properties and creates more stability in the housing market.Testifying before the Senate Banking Committee, Barry Rutenberg, first vice chairman of NAHB and a home builder from Gainesville, Fla., told lawmakers that because the NFIP has had to undergo a series of short-term extensions over recent years, it has created a high level of uncertainty in the program and caused severe problems for the nation’s already troubled housing markets.
Realtors® Advocate Reform, Long-term Extension of National Flood Insurance Program
Washington, DC - March 11, 2011 - (RealEstateRama) -- Congress needs to strengthen and reauthorize the National Flood Insurance Program for the long term to prevent undermining the fragile real estate market recovery, the National Association of Realtors® said in testimony today before the House Financial Services Subcommittee on Insurance, Housing and Community Opportunity.
