**Exclusive: Flood Insurance Coverage at Risk as Government Funding Deadline Nears**
As the September 30 government funding deadline approaches, the Trump administration is warning that millions of Americans could lose their flood insurance coverage if Democrats refuse to support a House-passed spending bill that includes an extension of the National Flood Insurance Program (NFIP).
Echoing these concerns, the National Association of Home Builders (NAHB) released an exclusive statement to Fox News Digital:
“Past disruptions of the NFIP have caused immediate and widespread negative impacts on property sales, home values, and consumer confidence. Home sales would cease in areas where flood insurance is mandatory in order to obtain a mortgage. What the housing market needs now is stability and certainty.”
NAHB called upon the House to act swiftly to continue funding the federal government’s operations, including the critical extension of the NFIP.
The NFIP has a long history of relying on stopgap extensions. Since 2017, Congress has reauthorized the program more than 30 times, often through short-term measures. Lawmakers have typically made coverage retroactive to avoid permanent gaps, but even brief lapses have stalled real estate closings and left homeowners in limbo.
Currently, the program serves approximately 4.5 million policyholders nationwide, highlighting the importance of timely reauthorization to protect both homeowners and the housing market.
https://www.foxnews.com/politics/exclusive-democrats-risk-flood-insurance-lapse-shutdown-fight-home-builders-white-house-warn