House Approves Bill That Prevents Steep Flood Insurance Rate Hikes
It took some time, but House leaders were finally able to pass legislation that would put the brakes on rising flood insurance rates.
The legislation is in response to a 2012 law that aims to shore up the debt-saddled flood insurance program by putting premiums in line with risk.
Some lawmakers say that that law has made insurance in flood zones, including those impacted by Hurricane Sandy, unaffordable to many homeowners.
Staten Island Rep. Michael Grimm hails bipartisan passage of flood insurance bill
WASHINGTON, D.C. – Rep. Michael Grimm on Tuesday called the passage of his bill to repeal increases in flood insurance premiums “a major uplifting milestone in our city’s long road to recovery since Superstorm Sandy.”
The House on Tuesday passed Grimm’s Homeowner Flood Insurance Affordability Act by a vote of 306-91.
2 Years Later, Congress Poised To Undo Flood Law
WASHINGTON (AP) — Less than two years after Congress approved a landmark bill to overhaul the federal flood insurance program, lawmakers are poised to undo many of the changes after homeowners in flood-prone areas complained about sharp increases in premiums.
The House overwhelmingly passed a bill Tuesday night that would allow sellers to give their subsidized, below-market insurance rates to new buyers and lower the cap on how much flood insurance premiums can rise each year.
House passes flood-insurance bill from Staten Island Rep. Michael Grimm
By Tom Wrobleski/Staten Island Advance, read the original piece here.
WASHINGTON, D.C. – The U.S. House of Representatives on Tuesday night passed a bill from Rep. Michael Grimm (R-Staten Island/Brooklyn) that repeals steep increases in flood-insurance premiums.
The bi-partisan roll call vote was 306-91.
“It’s almost surreal standing here right now,” Grimm said during the House debate on the bill prior to the vote. Continue Reading
Congressman Grimm Receives New York State Independence Party Endorsement
NEW YORK CITY, NY -
TODAY, Frank MacKay, Chairman of the New York State Independence Party announced the organization’s full endorsement of Congressman Michael G. Grimm for re-election in New York’s 11th congressional district:
“Congressman Grimm has proven himself to be a truly independent voice for his constituents in Staten Island and Brooklyn.” said Chairman MacKay. “In an era of partisan gridlock and political gamesmanship plaguing Congress, Rep. Grimm stands out among the rest as someone who has worked across party lines to get things done, and his conscientious voting record demonstrates this much-needed pragmatism.” Chairman MacKay continued. “Michael Grimm is not afraid to stand up to his own party and put people above politics when their best interest is at stake, and for that continued courage and independence, we fully support him for re-election.”
Amid de Blasio Inattention, Sandy Build It Back Construction Set to Start
Despite Mayor Bill de Blasio’s lack of attention to the city’s Sandy housing recovery, a very positive sign of progress is on the horizon.
The city’s main housing recovery program, Build It Back, will start rebuilding homes this month.
On Monday, a Build It Back official who did not wish to be named confirmed the information. The official said that construction on almost two dozen houses is scheduled to start in March. The only foreseeable delay would be inclement weather. Continue Reading
Staten Island GOP Rep. Michael Grimm: Flood-insurance bill stronger after changes made
WASHINGTON, D.C. — Rep. Michael Grimm (R-Staten Island/Brooklyn) on Thursday said that an improved flood-insurance bill will receive “broad, bi-partisan support” when voted on by the House next week.
The bill was set to be voted on Thursday, but that time frame was pushed back after tweaks were made to the bill during the week. Grimm’s office said a vote could come on Tuesday.
Rep. Grimm’s flood-insurance reform bill up for House vote this week
By: Virginia N. Sherry on February 23, 2014
STATEN ISLAND, N.Y. — The prospect of massive increases in flood-insurance premiums for Staten Island and Brooklyn homeowners will be forestalled if the U.S. House of Representatives approves reform legislation, Rep. Michael Grimm (R,C-NY) said Saturday.
“Today, the beacon of hope burns that much brighter for the countless Americans facing crippling uncertainly and financial ruin from skyrocketing flood-insurance premiums,” he said in a statement announcing that the draft version of his flood insurance reform package, H.R. 3370, the Homeowner Flood Insurance Affordability Act, had been posted for public notice.
Grimm welcomes Lech Walesa to Capitol Hill
Brooklyn Daily Eagle, Paula Katinas
Film biography of former Polish president is screened
Capitol Hill isn’t known as the film capitol of the U.S., but for one night it was.
U.S. Rep. Michael Grimm (R-C-Bay Ridge-Dyker Heights-Staten Island) and other members of congress attended a special viewing on Dec. 4 of “Walesa. Man of Hope.” The new film about Walesa’s life and his fight against Communism is Poland’s official entry at the Academy Awards for Best Foreign Language Film. Continue Reading
Added costs for Obamacare put squeeze on Staten Islanders; Grimm seeks input
Staten Island Advance, Judy L. Randall
STATEN ISLAND, N.Y. — As a retired information technology specialist, Dominic Saglibene is amazed.
First, at the botched rollout of Obamacare website.
Second and, personally more important to Saglibene, at the dollar hit for healthcare he’s going to face next year because his company reimbursement contribution will decrease. Continue Reading