Sponsors (5)
The bill provides faster, predictable federal payments to help NFIP‑insured homeowners demolish or relocate imminently collapsing shoreline structures, but it limits scope through caps, content exclusions, eligibility restrictions, and a bar on future federal aid while adding administrative burden.
Homeowners with NFIP policies who own imminently threatened shoreline structures can receive up to $250,000 toward demolition or relocation, reducing immediate out-of-pocket losses and helping preserve property value.
Homeowners may get up to 40% of the structure value before collapse (with the remaining payment after proof of demolition), providing quicker access to funds and reducing the risk of catastrophic loss while enabling predictable recovery steps.
The bill sets clear payment timing and conditions and allows interim federal relief before state/local certification, which can speed assistance delivery and limit disputes over eligibility and timing.
Recipients are barred from future NFIP or most Disaster Relief Act assistance for the same or a replacement structure on the parcel, which can leave households without access to later federal help if needs persist.
The program excludes structure contents from assistance, so families still face potentially large losses of personal property even after receiving demolition/relocation payments.
The $250,000 cap (or policy limit) may be insufficient for higher‑value homes, leaving owners to cover substantial remaining demolition or relocation costs.
Based on analysis of 2 sections of legislative text.
Requires NFIP payments for demolition or relocation of insured shoreline structures condemned as unsafe from erosion, with limits, eligibility rules, and a $250,000 cap.
Introduced May 1, 2025 by Gregory Francis Murphy · Last progress May 1, 2025
Requires the National Flood Insurance Program (NFIP) to pay for demolition or help pay for relocation of insured shoreline structures that state or local authorities declare unsafe because of erosion, collapse risk, or being over water. Payments are split into an immediate 40% payment after final NFIP determination and the remaining 60% (or actual demolition cost if less) after demolition within six months; relocation payments are limited to up to 40% of structure value (not to exceed actual cost). Coverage excludes contents, is capped at the policy limit or $250,000 (whichever is less), and applies only to qualifying NFIP policies meeting prior coverage-duration rules.