NAR Testimony of Mabel Guzman before House Financial Services Regarding NFIP Reauthorization Hearing
Issue Date: March 13, 2019
116th Congress
House Committee on Financial Services
On March 13, NAR testified before the House Financial Services Committee on draft legislation to reauthorize and reform the National Flood Insurance Program.
In short, the testimony:
- Supports a long term reauthorization and also underscores the urgent need for reforms to the NFIP;
- Supports many of the flood mapping and mitigation reform provisions in the draft legislation; and
- Urges the Committee to work together and build on these provisions to add reforms which open the door to a more robust private market for flood insurance.