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On September 8, 2023, NAR spearheaded a coalition letter to congressional leaders urging an immediate extension of the National Flood Insurance Program (NFIP) before its September 30 expiration. Read the letter.
NAR has also prepared Frequently Asked Questions (FAQs) about NFIP reauthorizations, what a lapse could mean for upcoming closings, and several proactive steps your clients can take in the meantime.