Extending the National Flood Insurance Program

first_img flood NAHB NAR nfip 2019-06-10 Seth Welborn Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago Financial Services Committee Chair Maxine Waters and Ranking Member Patrick McHenry have reached an agreement on a five-year reauthorization of the National Flood Insurance Program (NFIP) through Sept. 30, 2024.The National Association of Homebuilders (NAHB) and the National Association of Realtors (NAR) have both expressed their satisfaction with the deal.“The National Association of Realtors applauds Chairwoman Waters and Ranking Member McHenry for working towards a bipartisan, long-term solution for the National Flood Insurance Program,” said NAR President John Smaby. “This legislation addresses many critical NAR priorities, including long-term reauthorization, strengthening mapping and mitigation, and facilitating a more robust private insurance market. While we continue reviewing this bill, NAR thanks the Chairwoman and Ranking Member for their genuine efforts to move comprehensive reauthorization legislation forward.”“The NFIP has played a critical role in determining the use and development of flood-prone areas and managing the risk of flooding for residential properties,” said the NAHB in a statement. “A strong NFIP helps ensure that the housing industry can provide safe, decent and affordable housing to consumers under the direction of local jurisdictions.According to the NAHB, Waters and McHenry’s agreement would:Increase funding for flood risk mapping and mitigation.Provide premium credits for not currently recognized mitigation activity.Create a new zone to account for levee-protected areas.Establish umbrella coverage options for multifamily development.At a recent National Flood Conference, Waters discussed the benefits of the NFIP, stating the the program was “at risk.””The NFIP makes flood insurance available to millions of homeowners, renters, and business owners and also helps those policyholders to reduce their risk by providing flood mapping, floodplain management, and mitigation services,” she said. “These activities help local communities and individuals prepare for the financial impact of flooding, whether it is caused by heavy rainfall that affects families living in the Midwest or life-threatening storms that pummel the millions of homes and businesses along the coasts.”The Five Star Institute will host its Disaster Preparedness Symposium on July 31 in New Orleans, Louisiana. Natural disasters impact investors, service providers, mortgage servicers, government agencies, legal professionals, lenders, property preservation companies, and—most importantly—homeowners. The 2019 Five Star Disaster Preparedness Symposium will include critical conversations on the response, reaction, and assistance, to ensure the industry is ready to lend the proper support the next time a natural disaster strikes.  Print This Post Extending the National Flood Insurance Program June 10, 2019 2,487 Views Demand Propels Home Prices Upward 2 days ago Home / Daily Dose / Extending the National Flood Insurance Program Related Articles in Daily Dose, Featured, Loss Mitigation, Market Studies, News About Author: Seth Welborn Demand Propels Home Prices Upward 2 days agocenter_img Subscribe Servicers Navigate the Post-Pandemic World 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Share Save Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. Tagged with: flood NAHB NAR nfip Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago Sign up for DS News Daily Previous: The Impact of Rent Demand Next: Foreclosure Sales: The Investor Outlooklast_img read more

Biden Clarifies Comment about Lack of Diversity in the African American Community

first_imgDemocratic presidential candidate Joe Biden is apologizing for a comment suggesting the Latino community is more diverse than the African American community.Biden is attempting to ‘clarify’ the comment he made on NPR saying “In no way did I mean to suggest the African American community is a monolith—not by identity, not on issues, not at all.’ Here’s what Biden said.https://www.850wftl.com/wp-content/uploads/2020/08/Joe-Biden-Racist.mp3President Trump was shocked by the comment.https://www.850wftl.com/wp-content/uploads/2020/08/Trump-Reacts-To-Clip.mp3Earlier today, I made some comments about diversity in the African American and Latino communities that I want to clarify. In no way did I mean to suggest the African American community is a monolith—not by identity, not on issues, not at all.— Joe Biden (@JoeBiden) August 7, 2020last_img read more

Cricket Umpire Dies 1 Month after Being Hit by Ball

first_imgLondon: A cricket umpire has died a month after he was hit on the head by a ball during an amateur match in the UK.According to a BBC Sport report, John Williams, 80, from Hundleton, Pembrokeshire, was struck with a ball while he was officiating a Pembrokeshire County Division 2 match between Pembroke and Narbeth on July 13.He was then flown to a hospital in Cardiff where he was placed in an induced coma. He was then transferred to another hospital in Haverfordwest on August 1 where he passed away two weeks later.Pembrokeshire Cricket on Thursday shared the information on their Twitter handle: “Sad news this morning regarding umpire John Williams.“John passed away this morning with his family at his bedside. Thoughts of all of Pembrokeshire Cricket are with Hilary and the boys at this difficult and sad time.”Robert Simons from Narberth Cricket Club, who was the other umpire officiating during the match, said: “I was officiating as the other umpire… It was traumatic.“He was a grand gentleman, truly a gent from a cricketing point of view, and he gave up a tremendous amount of his time for the sport.” IANSAlso Read: Like players, umpires’ code a must: Board of Control for Cricket in India (BCCI) Also Watch: ATDC Press Conference in Guwahatilast_img read more

N. Dakota seeks revenge on Nebraska Omaha

first_imgN. Dakota seeks revenge on Nebraska Omaha Associated Press SUPER SENIORS: North Dakota’s Marlon Stewart, Kienan Walter and Billy Brown have collectively scored 47 percent of the team’s points this season, including 52 percent of all Fighting Hawks scoring over the last five games.KEY FACILITATOR: Stewart has been directly responsible for 52 percent of all North Dakota field goals over the last five games. The senior guard has 40 field goals and 29 assists in those games.WINLESS WHEN: North Dakota is 0-11 when scoring fewer than 70 points and 13-4 when scoring at least 70.UNDEFEATED WHEN: Nebraska Omaha is a perfect 8-0 when it holds an opponent to 67 points or fewer. The Mavericks are 7-14 when opponents score more than 67 points.FEWER TURNOVERS: Nebraska Omaha’s offense has turned the ball over 12.3 times per game this season, but is averaging eight turnovers over its last three games. February 25, 2020center_img Share This StoryFacebookTwitteremailPrintLinkedinRedditNorth Dakota (13-15, 7-7) vs. Nebraska Omaha (15-14, 8-6)Baxter Arena, Omaha, Nebraska; Wednesday, 8 p.m. ESTBOTTOM LINE: Nebraska Omaha goes for the season sweep over North Dakota after winning the previous matchup in Grand Forks. The teams last faced each other on Jan. 8, when the Mavericks shot 42.6 percent from the field while holding North Dakota to just 34.5 percent on the way to a 66-62 victory. ___For more AP college basketball coverage: https://apnews.com/Collegebasketball and http://twitter.com/AP_Top25___This was generated by Automated Insights, http://www.automatedinsights.com/ap, using data from STATS LLC, https://www.stats.comlast_img read more