NFIP Reauthorized until September 30, 2023
With the signing of the Consolidated Appropriations Act, 2023 (H.R. 2617), NFIP has been reauthorized through September 30, 2023. This is NFIP’s 25th short-term reauthorization. For FY23, the law appropriates up to:
- $5M for flood insurance advocate
- $175M for flood mitigation actions and assistance
- $223.8M for operating expenses and salaries
- $960.6M for commissions and taxes of agents
- $225M for flood plain management and mapping and mission support, until September 30, 2024
- $312.75M for flood hazard mapping and risk analysis
- $355M for emergency management grants
- Sums necessary for interest on Treasury borrowing