Potential Government Shutdown and Its Impact on Housing and Disaster Preparedness
TL;DR
The National Flood Insurance Program (NFIP) risks lapsing if Congress doesn't pass a funding extension, which would halt new policies and disrupt about 1,300 property sales daily, especially problematic during hurricane season, potentially impacting the housing market and requiring bipartisan action to prevent a shutdown.
Topics:nationbusiness#business#flood-insurance#government-shutdown#housing-market#nfip#property-sales
- Why a shutdown looms over the housing market Politico
- How Shutdown Gridlock Could Impede Disaster Preparedness The New York Times
- Possible Government Shutdown: What You Need to Know National Association of REALTORS®
- Louisiana tops nation in flood insurance payouts Baton Rouge Business Report
- How a Government Shutdown Could Impact the Housing Market Newsweek
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