Senator Joined Bipartisan Group Last Month Urging Congress to Pass Flood Reform Bill

Washington, DC – February 3, 2014 – (RealEstateRama) — U.S. Senator Kirsten Gillibrand announced that today, the U.S. Senate passed the bipartisan Homeowner Flood Insurance Affordability Act that she has co-sponsored to delay the most aggressive rate increases and fix major flaws in the Biggert-Waters Flood Insurance Reform law to make the National Flood Insurance Program affordable, accessible and self-sustainable. The bill, which also includes Gillibrand’s amendment that will help thousands of New York City homeowners whose homes are impossible to elevate reduce their flood risk and lower flood insurance rates, now heads to the House for a vote.