Flooding is the most common natural disaster in the US
UPDATE: July 2, 2010 SOURCE: HousingWire
President Obama has signed the “National Flood Insurance Program Extension Act of 2010″ into law. HR 5569 extends NFIP through September 30, 2010.
Since September 2008, there have been 7 short-term extensions of the National Flood Insurance Program (NFIP).
On May 31, the NFIP expired again.
According to FEMA’s website, the next Congressional vote on HR 4213, which includes a provision to reauthorize the National Flood Insurance Program through December 31, 2010, could occur this week.
The lapse of the authority of the National Flood Insurance Program to issue these policies, which are required in order to obtain mortgages in 100-year floodplains, has prompted the National Association of Realtors to issue a members’ Call to Action encouraging Congress to take action “to ensure the continuation of these critical and essential insurance programs.”
NAR is encouraging a lasting NFIP extension.
Learn more about the program on the National Flood Insurance Program — Hawaii State website. Links include Flood Zone Definitions and a Flood Hazard Assessment tool.
Hi Cynthia,
I think that many people forget that many of the primary “flood” areas of Hawaii are actually tsunami zones. After our last tsunami scare, many people became aware that the zones have recently changed.
Kathy Becklin R(S)
That’s true, Kathy, and also around inland ponds, lakes, creeks, rivers. One resource (that may or may not match MLS data – insert disclaimer here) is the Hawaii Flood Hazard Assessment Tool at the National Flood Insurance Program website: http://gis.hawaiinfip.org/fhat/.
Nothing like a scare to heighten interest and awareness. Always good to know flood and tsunami evacuation zones. Tsunami evacuation maps are always available in the front of the phone book.