ed whitfield 300Representative Ed WhitfieldWASHINGTON (3/5/14) — U.S. Rep. Ed Whitfield (KY-01), Chairman of the House Subcommittee on Energy and Power, voted in favor of H.R. 3370, the Homeowner Flood Insurance Affordability Act of 2014, which ensures flood insurance rates will remain affordable for homeowners throughout Kentucky’s 1st Congressional District and across the nation.

The legislation requires the Federal Emergency Management Administration to complete an affordability study and delays the implementation of flood insurance rate increases until two years after completion of the study.

The delay applies to all primary properties that were built to code and later remapped into a higher risk area and all properties that purchased a new policy after July 6, 2012.

For those who purchased a new primary residence after July 6, 2012, they will continue to receive the same treatment as the previous owner.

The affordability study ensures that as FEMA implements reforms to the National Flood Insurance Program, Congress continues to stay informed and that homeowners are not faced with unimaginable and unaffordable rate increases.

H.R. 3370 provides additional protections by allowing FEMA to reimburse policyholders who successfully appeal a new map determination, and establishes a Flood Insurance Rate Map Advocate to educate and provide assistance to policy holders and local communities.

“The people I serve need this legislation and cannot afford to wait any longer while FEMA continues to implement excessive rate increases,“ said Whitfield. “I hope the United States Senate will move quickly on this bill so that it can be signed into law.”

Learn more about the Homeowner Flood Insurance Affordability Act.

SurfKY News
Information provided by Representative Ed Whitfield

LIKE SurfKY on Facebook - Click here to LIKE us now.

© Copyright 2015 SurfKY News Group, Inc. All rights reserved. This material may not be published, broadcast, or rewritten without permission. SurfKY News encourages you to share this story on social media.

Most Read This Week

April 17, 2015 6929

An Open Letter from an Addict

by Olivia Kirks
April 13, 2015 6232

Three Juveniles, Adult Accused of Vandalizing…

by Deputy Will Coursey
April 14, 2015 5144

Several Juveniles Charged in Connection with Fight

by SurfKY News
April 18, 2015 4640

Man Charged with Attempting to Coerce Minor for…

by Madisonville Police Department
April 16, 2015 3421

Crime Stoppers Fugitive of the Week – April 16,…

by Hopkinsville – Christian County Crime Stoppers

Most Read This Month

April 02, 2015 8490

UPDATE: Madisonville Man Injured in Head-on…

by Doreen Dennis, SurfKY News
April 17, 2015 6929

An Open Letter from an Addict

by Olivia Kirks

Stories Trending Now

April 17, 2015 6929

An Open Letter from an Addict

by Olivia Kirks
April 18, 2015 4640

Man Charged with Attempting to Coerce Minor for…

by Madisonville Police Department
April 19, 2015 1617

ATV Ride, Cookout Raises Funds for Shanice Bean…

by Tammy Holloway, SurfKY News
April 18, 2015 1090

MPD Offers Advice On Prom, Underage Drinking

by Lt. Billy Poe
April 18, 2015 878

Market Commentary - April 18, 2015

by Randall L. Franklin
April 18, 2015 632

Home, Garden Show Concludes Today at Ballard…

by Tammy Holloway, SurfKY News
April 18, 2015 553

Keeping the Faith - 'God Smiles'

by Ronnie McBrayer
April 18, 2015 544

Happenings and Meetings - Hopkins County

by Amber Averitt, SurfKY News
April 18, 2015 511

TVA's Regional Energy Resource Council to Meet in…

by Tennessee Valley Authority
April 18, 2015 501

Hooked on Science - Skewer a Balloon

by Jason Lindsey