This article is over 5 years old

Houston Matters

What Does The Future Hold For The National Flood Insurance Program?

With recent uncertainty around the NFIP, we examine the potential future of the program at a time when disaster payouts from Harvey could total around $11 billion.



To embed this piece of audio in your site, please use this code:

<iframe src="" style="height: 115px; width: 100%;"></iframe>

The National Flood Insurance Program (NFIP) was set to expire tomorrow (Sept. 30, 2017). That is, until President Trump reauthorized the program just a couple of weeks ago.

Now, Congress has more time to consider how to reform this program, but, at the same time, FEMA just announced the NFIP has depleted its capacity to borrow from the Treasury Department.

We examine the potential future of the NFIP, especially as officials estimate Harvey will result in $11 billion in payouts.

Joining us in the studio to talk more about what is going on is Seth Chandler, a professor at the University of Houston Law Center.

Today in Houston Newsletter Signup
We're in the process of transitioning services for our Today in Houston newsletter. If you'd like to sign up now, fill out the form below and we will add you as soon as we finish the transition. **Please note** If you are already signed up for the newsletter, you do not need to sign up again. Your subscription will be migrated over.