MIDDLETOWN, NJ – On Friday, March 28th, 2014, at 1:30pm, Congressman Frank Pallone, Jr. (NJ-06) and Senator Robert Menendez (D-NJ) will meet with Middletown homeowners to discuss the benefits of the newly-enacted Homeowner Flood Insurance Affordability Act. The bipartisan bill, which Pallone co-sponsored in the House and Menendez led in the Senate, was signed into law by President Obama last week. Pallone and Menendez will arrive at the Tonya Keller Community Center at 1:30pm and then proceed to tour the neighborhood and speak with constituents.
The law, which passed both the House and Senate with overwhelming bipartisan support, will protect millions of homeowners, many of whom are still recovering from the devastation of Superstorm Sandy, from facing huge National Flood Insurance Program (NFIP) premium rate hikes. This law will ensure relief for homeowners living in flood prone regions thanks to key provisions, such as repealing certain rate increase “triggers,” lowering FEMA’s ability to increase rates, refunding excess premium charges to those who have paid significant rate increases and providing FEMA the funding necessary to complete an affordability study.
WHO:
Congressman Frank Pallone, Jr. (NJ-06)
Senator Robert Menendez (D-NJ)
WHAT:
Discuss benefits of newly-enacted Homeowner Flood Insurance Affordability Act with New Jersey homeowners
WHERE:
Tonya Keller Community Center
50 Bray Avenue
Middletown, NJ 07748
WHEN:
Friday, March 28, 2014
1:30pm-2:00pm
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