WASHINGTON, DC – October 31, 2013 – (RealEstateRama) — On the one year anniversary of Superstorm Sandy, U.S. Senator Charles E. Schumer and a bipartisan coalition of members today announced they will introduce the Homeowner Flood Insurance Affordability Act which will protect millions of homeowners from facing huge flood insurance premium rate hikes and require FEMA to complete an affordability study and propose real solutions to address affordability issues before any flood insurance premiums can be raised in the future. The bill is sponsored by Robert Menendez (D-NJ) and Johnny Isakson (R-GA) and co-sponsored by Chuck Schumer (D-NY), Senators Mary Landrieu (D-AR), David Vitter (R-LA), Jeff Merkley (D-OR), John Hoeven
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