Bishop’s Statement on President Obama’s signing of the Homeowner Flood Insurance Affordability Act

Flood Insurance

Timothy H. Bishop, D- N.Y., issued the following news release:. Congressman Tim Bishop issued the following statement regarding the signing of the Homeowner Flood Insurance Affordability Act on Friday:. “I was happy to learn that President Obama has signed the Homeowner Flood Insurance Affordability Act into law.

WASHINGTON, March 22 — Rep. Timothy H. Bishop, D-N.Y. (1st CD), issued the following news release:

Congressman Tim Bishop issued the following statement regarding the signing of the Homeowner Flood Insurance Affordability Act on Friday:

“I was happy to learn that President Obama has signed the Homeowner Flood Insurance Affordability Act into law. The provisions of this law will help many residents of coastal Long Island. It will slow the increase in the cost of flood insurance premiums and provide refunds to residents who have already paid significantly inflated prices. Both of these moves will provide much-needed relief to homeowners, some of whom are still struggling to recover from Hurricane Sandy.”

 

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