9 parishes seek relief from law reducing federal funding for the National Flood Insurance Program
A group representing 9 parishes in or near the Greater New Orleans region has headed to Washington, D.C. to seek relief from a recently enacted law that makes changes to the National Flood Insurance Program.
The Biggert-Waters Act reduces federal funding for the program, which means policyholders will pay more for coverage as federal funding is reduced.
The economic development group, GNO, Inc., is organizing the trip. Its President/CEO, Michael Hecht, says they're concerned mainly with two changes to the program.
"The changes that they've made, including eliminating the grandfathering and going to an all or nothing flood protection method, those are the two changes that make the program now really unworkable for potentially thousands of residents and businesses," Hecht said.
The group plans to meet with members of the state's congressional delegation, FEMA and others today and Wednesday to express their concerns.