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FEMA Flood Insurance Update Could Mean Higher Premiums

FEMA Flood Insurance Update Could Mean Higher Premiums

by The Associated Press | Oct 4, 2021 | CR Daily, Industry News, Residential Real Estate

Flood insurance premiums figure to increase for thousands of Connecticut residents when the federal government implements a new rate system, some by as much as $100 per month — but most by up to $10 monthly.

Redfin Joins Realtor.com in Reporting Homes’ Flood Risk

Redfin Joins Realtor.com in Reporting Homes’ Flood Risk

by The Commercial Record | Feb 19, 2021 | CR Daily, Industry News, Residential Real Estate

Realtor.com is now no longer the only place to look up a home listing’s flood risk as awareness of climate change-caused flooding continues to increase.

Housing Aid for Puerto Rican Evacuees in CT Close to Running Out

Housing Aid for Puerto Rican Evacuees in CT Close to Running Out

by The Associated Press | Sep 9, 2019 | Commercial & Industrial, CR Daily, Industry News

In the months after Hurricane Maria destroyed her home in Puerto Rico, Ashley Gonzales moved to Connecticut, where federal and state aid helped her and her longtime partner avoid homelessness.

Flood Protections Could Open Seaside Bridgeport Neighborhood to Development

Flood Protections Could Open Seaside Bridgeport Neighborhood to Development

by The Associated Press | Jan 14, 2019 | Commercial & Industrial, CR Daily, Industry News, Residential Real Estate

In a new plan to address flooding in the South End of Bridgeport, city officials see an opportunity to kick-start private investment and development in the waterfront area.

Malloy Appeals for Storm Assistance

by The Commercial Record | Aug 31, 2018 | Commercial & Industrial, CR Daily, Industry News, Residential Real Estate

Gov. Dannel Malloy filed an appeal with the Federal Emergency Management Agency (FEMA) requesting that the denial of individual assistance for homeowners in New Haven and Fairfield counties be reversed.

FEMA Assessing Tornado Damage in Connecticut

by The Associated Press | Jun 12, 2018 | Commercial & Industrial, CR Daily, Industry News, Insurance

Federal Emergency Management Agency officials on Monday began assessing damage from a tornado and a macroburst that hit Connecticut during severe storms last month, a process that could lead to federal aid.

National Flood Insurance Program a Casualty of Government Shutdown

by The Commercial Record | Jan 22, 2018 | CR Daily, Industry News, Residential Real Estate

The National Flood Insurance Program shut down at midnight on Friday, along with most of the rest of the federal government.

Malloy: Crumbling Foundations May Result From Natural Disaster

Malloy: Crumbling Foundations May Result From Natural Disaster

by The Commercial Record | Oct 20, 2016 | CR Daily, Executive Briefing, Industry News, Residential Real Estate

Gov. Dannel P. Malloy recently announced he has submitted a request to the Federal Emergency Management Agency (FEMA) asking the agency to establish an office in northeastern Connecticut to assess the damage of homes with crumbing concrete foundations that are at risk of collapsing.

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