NFIP Authorization Lapses Again
|Monday, March 29, 2010|
This means that until Congress approves reauthorization of the NFIP:
Congress is not expected to revisit consideration for NFIP reauthorization until it returns to session April 12, 2010.
Existing NFIP flood insurance policies in effect prior to the program lapse (with coverage period effective during the lapse) will be eligible for claim payments for covered damages incurred during the effective dates of the policy.
Impacts on the Lending, Home Mortgage & Building Industries
This program lapse has huge implications on the lending industry and home mortgage/building industry. New NFIP flood insurance policies cannot be issued without Congress' reauthorization of the NFIP. Real estate transactions for properties in the Special Flood Hazard Area (SFHA) or other areas where the lender requires flood insurance to close the loan will not go through unless similar coverage to the NFIP's flood insurance policy can be found in the private insurance marketplace that is acceptable to the lender.
For more information and answers to frequently-asked questions, go to:http://www.floods.org/n-news-hottopics/article.asp?id=44
Tuesday, March 30, 2010
Info from the Association of State Floodplain Managers....
Links to Partner Agencies
- Clatskanie Fire
- Clatskanie Police
- Columbia 911 and CAN Registration
- Columbia County Sheriff
- Columbia County, Oregon Website
- Columbia River Fire and Rescue
- Mist-Birkenfeld Fire District
- Oregon Department of Foresty Wildfire Programs
- Oregon Red Cross
- Ready.gov--Website with Emergency Preparedness Tips
- Scappoose Fire
- Scappoose Police
- St. Helens Police
- The Public Health Foundation of Columbia County
- Vernonia Fire
- Vernonia Police