NFIP Extended, Shutdown Averted
Following a massive advocacy blitz by the National Association of REALTORS®—which included a rare nationwide call to action—Congress passed a last-minute spending deal Saturday to avert a government shutdown and extend the authority of the National Flood Insurance Program (NFIP).
The bipartisan agreement funds the government at 2023 levels through Nov. 17, ensuring pay for federal workers and the military, as well as extensions for other vital programs like the Federal Aviation Administration.
NAR launched a call to action Friday night as Congress careened toward the first government shutdown in almost five years. In the urgent message, the association mobilized its 1.5 million members to contact Congress and warn of the dangers of letting the NFIP lapse during a shutdown. By Saturday morning, tens of thousands of REALTORS® nationwide had already answered the call.
Read the full article HERE.
Courtesy of the National Association of REALTORS®
Current as of September 30th, 2023