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Flood Risk Mitigation: Expedited Buyouts and Community Support

This act aims to expand opportunities for families in high flood risk areas to access federal assistance for voluntary relocation. It introduces expedited property buyouts instead of claims payments and supports communities in planning and implementing flood risk reduction measures, especially for frequently flooded areas and underserved communities.
Key points
Expedited Property Buyouts: Allows for quick government purchase of properties instead of flood damage claims, offering a permanent solution for repeatedly flooded homes.
Community Support: Communities with frequently flooded areas will receive assistance in developing flood risk reduction plans and access to additional funding.
Relief for Vulnerable Populations: In certain cases, especially for low-income communities or those with high social vulnerability, the government may cover up to 100% of mitigation costs, such as elevating homes.
Assistance for Displaced Persons: Individuals who opt for property buyouts will be treated as displaced persons, potentially providing them with additional support.
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Additional Information
Print number: 117_HR_7842
Sponsor: Rep. Casten, Sean [D-IL-6]
Process start date: 2022-05-19
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Protecting Families and the Solvency of the National Flood Insurance Program Act of 2022

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_7842.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2022-05-19.

What are the main provisions?

Key points include:

  • Expedited Property Buyouts: Allows for quick government purchase of properties instead of flood damage claims, offering a permanent solution for repeatedly flooded homes.
  • Community Support: Communities with frequently flooded areas will receive assistance in developing flood risk reduction plans and access to additional funding.
  • Relief for Vulnerable Populations: In certain cases, especially for low-income communities or those with high social vulnerability, the government may cover up to 100% of mitigation costs, such as elevating homes.
  • Assistance for Displaced Persons: Individuals who opt for property buyouts will be treated as displaced persons, potentially providing them with additional support.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Casten, Sean [D-IL-6].

What is the latest detailed status?

The latest detailed status is: Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

CATEGORIES

Real Estate Environment Benefits