Luetkemeyer, Subcommittee Holds Roundtable on Flood Insurance Mapping

Washington, D.C. – January 8, 2015 – (RealEstateRama) — Today, U.S. Rep. Blaine Luetkemeyer (MO-03) issued the following statement after the Subcommittee on Housing and Insurance held a roundtable for stakeholders on flood insurance mapping and how it impacts communities across the nation.

“Today’s roundtable provided a robust discussion with a bipartisan group of Members of Congress and stakeholders who are committed to examining flood insurance mapping and identifying ways to improve it. At the end of last year, much of the country was hit hard with relentless rain that led to flooding, especially in my state of Missouri. Homeowners across my district and communities across America depend on the accuracy of these flood maps in making decisions about flood insurance and flooding risks. Unfortunately, as was reiterated today, the maps used in conjunction with the National Flood Insurance Program are outdated and do not incorporate risk assessment. Flood maps should continually be reviewed and updated to incorporate changes in geography, technology, mitigation activities, and meteorological events. The threat of flooding is real and constant. As such, the Housing and Insurance Subcommittee will spend considerable time this year continuing to investigate and resolve issues with flood insurance mapping and the National Flood Insurance Program. I look forward to the continued discussions and to working toward a program that does more to protect homeowners.”

SHARE
Previous articleMaxus Realty Trust, Inc. Acquires 144 Unit Apartment Complex in Horn Lake, Mississippi
Next articleMARKSNELSON MEMBER APPOINTED TO AUDIT COMMITTEE BY NATIONAL COMMERCIAL REAL ESTATE NETWORK