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Homeowner Flood Insurance Affordability Act of 2014

Floor Speech

Date: March 4, 2014
Location: Washington, DC
Issues: Environment Housing and Property

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Mr. BILIRAKIS. Mr. Speaker, I rise today in support of this legislation sponsored by my good friend from New York, Congressman Grimm. It will provide relief for homeowners struggling to keep their homes. It will ensure that all participants in the program are treated fairly, and it will eliminate an untenable financial burden during these tough economic times.

Some allege this bill will solely benefit the rich in beachside mansions. Middle class retirees and those on fixed incomes are the ones who are suffering from rate increases of $10,000 or more. They are the ones who risk losing their homes.

If Congress fails to pass this bill, we will risk destroying all the reforms made to the National Flood Insurance Program. We cannot let the perfect be the enemy of the good.

I urge my colleagues on both sides of the aisle to support this commonsense legislation, a solution that addresses a long-term issue and helps people immediately, and I thank Representatives Waters, Cassidy, and Shelley Moore Capito for their leadership on this bill.

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