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In this segment, a National Association of REALTORS® representative explains the organization’s long‑standing advocacy work in Washington, D.C., focused on reforming the Federal Emergency Management Agency (FEMA) flood‑insurance program. The speaker highlights that FEMA’s current policy caps coverage at $250,000 per home, a limit that is insufficient for most homeowners. Despite 17 years of proposing reforms, the program has seen no substantive change, though the existing program has been extended 25 times during that period. The speaker stresses that the issue directly affects ordinary homeowners, not just “rich folks,” and underscores the frustration with lawmakers who repeatedly postpone solutions.
