The Trump administration requested $30 billion in emergency funding for Florida, Texas, Puerto Rico and other areas impacted by recent hurricanes and wildfires. This funding includes $12.8 billion for the Federal Emergency Management Agency’s disaster relief fund, $16 billion in debt forgiveness for the National Flood Insurance Program (NFIP) and $576.5 million for the Forest Service’s firefighting fund. The White House also outlined proposed changes to NFIP including opening up the market for flood insurance to private insurers, provisions on repetitive loss properties, not allowing new properties to purchase insurance through NFIP and affordability assistance for low-income policyholders.
Published by Oklahoma Coalition for Affordable Housing
The vision of OCAH: That all Oklahomans have the opportunity to live in safe, healthy and affordable homes. Our Mission: To lead the movement to ensure that all residents of the state of Oklahoma flourish in safe, affordable homes and to help communities develop safe and affordable housing options for all of their residents. We reach our mission through advocacy, education and practical training to foster the production and maintenance of affordable housing throughout the state. View all posts by Oklahoma Coalition for Affordable Housing