CURBELO, CRIST INTRODUCE FLOOD INSURANCE FAIRNESS ACT
Today, U.S. Representatives Carlos Curbelo (FL-26) and Charlie Crist (FL-13) introduced the Flood Insurance Fairness Act, legislation that would expand the National Flood Insurance Program to provide relief to Americans paying for flood insurance on non-primary residences and rental properties. (Click here to view a copy of the legislation).
“Pinellas County, a peninsula on a peninsula, is ground zero for climate change and the impact of rising sea levels and storm surge. In the face of these threats, it is more important than ever to work across the aisle to keep flood insurance affordable for Floridians protecting their homes and businesses,” said Crist. “By extending relief to more Florida properties – including rentals and businesses – we can better protect the financial well-being of middle class families across the state.”
“Across the country rental properties like those affected by this bill not only serve as primary income for many landlords, but also provide reasonably priced housing for the workforce in our coastal communities,” said Curbelo. “This bill is critical to South Florida, especially for residents of the Florida Keys that are in desperate need of affordable housing options. The Flood Insurance Fairness Act would ensure all Americans have access to affordable flood insurance by guaranteeing that all non-primary residences and business properties receive the same rates provided to primary homes under the National Flood Insurance Program.”
Curbelo introduced the 114th Congress version of the bill in June 2015.