The National Flood Insurance Program (NFIP) has been temporarily extended until March 23, 2018. This extension is tied in with the funding for the federal government. NOMAR, along with the National Association of REALTORS®, Louisiana REALTORS®, GNO Inc, and other partners are working hard to push for a long-term, multi-year extension.

There is a continuing chance that another government shutdown would cause a lapse in the NFIP. We will keep you informed as more information becomes available, but you can be prepared by reading this information on how a government shutdown impacts real estate.