Since April 2013, GNO, Inc. has led the Coalition for Sustainable Flood Insurance (CSFI), a national coalition of approximately 250 organizations across 35 states, formed during the implementation of the Biggert-Waters Act. CSFI was a driving force behind the passage of the Homeowner Flood Insurance Affordability Act (HFIAA), compromise legislation that was cosponsored by more than 235 Members of the House and supported by 306 Members, representing the overwhelming support of both caucuses, and passed the Senate with the support of 72 Senators. Since the passage of HFIAA, our coalition has focused on advocating for a stronger policy framework for the NFIP. There are four primary policy areas CSFI has focused on that will provide for this stronger framework – mitigation, mapping, affordability, and program participation.
- Mitigation – A comprehensive approach to reducing flood losses before a disaster occurs is a more effective means to reducing economic loss and protecting taxpayer interests than ejecting households and businesses from the NFIP via unaffordable flood insurance premiums.
- Mapping – Enhancing the way we assess and communicate risk through improvements to the mapping process will protect communities and the NFIP over the long-term.
- Affordability – Premiums must remain affordable, and people who played by the rules at the time that they built or bought their property should not be penalized.
- Program Participation – Adopting policies that encourage more people to buy flood insurance will help to bring the program’s costs in line with revenues in a responsible way and help communities recover more quickly following a flood event.
For further information on the policy proposals CSFI has proposed for the 2017 reauthorization, you can read our one pager here. CSFI also released a series of white papers in late 2016 and early 2017 which provide further analysis and justification for these proposals. They can be found under Research and Reports.
CSFI is staffed by Greater New Orleans, Inc. (GNO, Inc.) the regional economic development organization for Southeast Louisiana. For more information or to be added to our flood insurance mailing list, please contact Caitlin Berni, VP of Policy and Communications, at firstname.lastname@example.org or 504.527.6980.