Last month saw three important developments in the world of flood insurance that will have a big impact on New York homeowners: first, New York City has formally appealed FEMA’s proposed flood maps; second, we rallied for proposed New York State legislation to bring justice to victims of Hurricane Sandy who were short-changed by insurance […]
On Earth Day, Mayor de Blasio released his OneNYC plan, a blueprint of policies and goals intended to help make New York City more sustainable, resilient, and equitable. The “Resiliency” plank of the Mayor’s plan includes ensuring that the city’s infrastructure is robust enough to withstand the challenges of natural disasters and climate change. As […]
Note: This is the sixth part of a series of blog posts that examine the impact of changes to the National Flood Insurance Program (NFIP) on New York City’s coastal neighborhoods, many of which are home to many low-to-middle income homeowners. In this post, we partner with guest blogger Rebecca Elliott to examine the National […]
Starting today, homeowners in New York City and across America will see a significant increase in their flood insurance payments when their policies are renewed. What is happening? Most New Yorkers who live in the flood zone will see their insurance rate increase by up to 18%. Households whose homes were damaged during Hurricanes Sandy […]
Note: This is the fourth part of a series of blog posts examining the impact of changes to the National Flood Insurance Program (NFIP) on New York City’s coastal neighborhoods, which are home to many low-to-middle income homeowners. In this post, guest blogger Rebecca Elliott, a PhD candidate at UC Berkeley and the Flood Insurance […]
Our landmark 2014 report on Rising Tides, Rising Costs reveals how rising flood insurance costs and increased flood risk threaten both the housing affordability and safety of the over 400,000 New Yorkers who live in neighborhoods at risk of flooding along and around New York City’s 520 miles of coastline. Explore the interactive version of Rising […]
Note: This is the third part of a series of blog posts examining the impact of changes to the National Flood Insurance Program (NFIP) on New York City’s coastal neighborhoods, which are home to many low-to-middle income homeowners. In this post, we discuss the need for elevation financing options for homeowners in high-risk areas of […]
Note: This is the third part of a series of blog posts examining the impact of changes to the National Flood Insurance Program (NFIP) on New York City’s coastal neighborhoods, which are home to many low-to-middle income homeowners. In this post, we discuss the need for elevation financing options for homeowners in high-risk areas of […]
Hurricane Sandy caused extensive damage and devastation to thousands of New York City homes, mostly as a result of flooding. And if they weren’t aware already, homeowners quickly learned that flood damage is not covered by homeowner’s insurance. Yet, even for those homeowners who had flood insurance, many are still struggling to be fully compensated […]
Note: This is the second part of a series of blog posts that will examine the impact of changes to the National Flood Insurance Program (NFIP) on New York City’s coastal neighborhoods, which are home to many low-to-middle income homeowners. In this series, we will examine how the Center and our partners are working together […]
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