NFIP Reauthorization
National Flood Insurance Program Long-Term Reauthorization
The National Flood Insurance Program (NFIP) is critical to flood risk management nationwide but has operated on short-term extensions for years. NAFSMA advocates for a comprehensive, long-term reauthorization.
NAFSMA Position
Affordability
Gradual premium adjustments that do not price out communities
Means-tested assistance for low-income policyholders
Recognition of community-level mitigation investments in pricing
Mapping Accuracy
Adequate funding for modern flood map production
Appeals process improvements for mapping disputes
Integration of local data and studies into federal mapping
Mitigation Incentives
Enhanced Community Rating System (CRS) credits
Increased Severe Repetitive Loss property buyout funding
Support for community-level flood mitigation planning
Program Sustainability
Addressing the NFIP debt in a way that does not burden policyholders
Encouraging private market participation alongside federal coverage
Improving claims processing and policyholder experience
Current Status
NAFSMA continues to work with both chambers of Congress on comprehensive reauthorization legislation. We support bipartisan approaches that balance program sustainability with community affordability.