Statement on House Passage of the Biggert-Waters Flood Insurance Reform Act
“Communities across the 4th Congressional District have raised strong concerns with me about the impact of the Biggert-Waters Act. Legislation passed by the U.S. House Tuesday night (H.R. 3370) will address the dramatic and unintended negative effect of significantly reducing property values both for those in and close to a floodplain. When Biggert-Waters was enacted, no…