Overview

• Authorization expires at 11:59 p.m. Sept. 30, which would stop new NFIP policies, block renewals, and cut Treasury borrowing authority from about $30.4 billion to $1 billion.
• The program covers roughly 4.7 million policyholders with about $1.3 trillion in total coverage and carries more than $22.5 billion in debt after borrowing from the Treasury this year.
• FEMA data show 11,911 fewer policies nationwide in August 2025 versus a year earlier, with non-participating communities increasing to 2,290.
• Louisiana leads all states with $20.7 billion paid across more than 361,000 claims since the program began, highlighting where flood losses have concentrated.
• A lapse could stall real-estate closings in flood zones as during 2010’s pause that disrupted an estimated 1,400 deals per day, while shutdown talks and a White House meeting with congressional leaders complicate a quick extension.