A flood insurance fix is imperative – We have to do better

Superstorm Sandy hit New York City’s many low-lying areas hard and was a wake-up call for residents and public officials.  Flooding is a serious risk in the entire New York Metropolitan area, and most people are not prepared.  Mandating more people to buy flood insurance and increasing flood insurance premiums won’t work for many low-moderate income households.  And knowing what we know about the National Flood Insurance Program in its current state makes it even more imperative that we find alternative ways to promote economic preparedness for flooding damage.  See here.

UP is coordinating with Neighborhood Housing Services and the Mayor’s Office of Housing Recovery to help renters, homeowners and businesses recognize and be economically prepared for the flood risks they face.   This is a start…