Flood Insurance Cost Assistance Bill
Official: National Flood Insurance Program Affordability Act
IntroducedDecember 30, 2025
Why This Matters
The National Flood Insurance Program Affordability Act helps people and small businesses afford flood insurance by providing discounts based on income. This is important because it makes flood insurance more accessible for those who need it most.
If you buy flood insurance and earn under a certain amount, you could get significant discounts on your premiums.
Affects: Families and small businesses that buy flood insurance.
What changes is this bill making?
1. This bill creates a program to help people pay for flood insurance. 2. Eligible policyholders can receive discounts on their insurance costs. 3. Discounts will be based on household income and area median income. 4. The bill allows monthly payments for insurance premiums. 5. Businesses and not-for-profits can also qualify for assistance.
Who is affected?
Families and small businesses that buy flood insurance.