Passage allows Congress to fund the government for 45 days, provide $16 billion in disaster assistance, and temporarily extend the National Flood Insurance Program.
An extended lapse in NFIP authority could affect 1,300 real estate transactions per day.
Moving forward, NAHB will continue to work with Congress to achieve a long-term reauthorization of the NFIP that will keep the program fiscally sound and let builders provide safe and affordable housing.
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