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H.R. 7202

National Flood Insurance Program Affordability Act

National Flood Insurance Program Affordability Act

This bill requires the Federal Emergency Management Agency (FEMA) to provide discounts on National Flood Insurance Program coverage to low-income households and other entities. Specifically, the chargeable premium rate for an eligible primary residential dwelling must not exceed 1% of the median income of the area in which the property is located.

Referred to the House Committee on Financial Services.

Rep. Cartwright, Matt [D-PA-8](D-PA)Sponsor
1committees3actions
  1. IntroReferralH11100

    Referred to the House Committee on Financial Services.

    Financial Services Committee
  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

National Flood Insurance Program Affordability Act — Informed