Congressman Steven Lynch hosted an informational meeting Wednesday night at Hingham town hall, regarding federal legislation to delay the Federal Emergency Management Agency’s expanded flood maps.
About a hundred people attended the meeting regarding legislation that amends the Biggert-Waters act and delays the implementation of the expanded flood maps and enormous flood insurance increases.
Congressman Steven Lynch said the bill would delay FEMA’S proposal for four years, for primary home owners.
“This legislation would benefit any home owner who has a primary residence in a flood zone. It would basically put a four year delay on any increase they would receive under the new mapping process, until an affordability study is done and is likely to reduce their premiums going forward, from what they would have otherwise been.”
However, while the bill provides relief to primary residences, it does not cover income or rental property or property used as a second home.
“’There are other efforts to try to help those who own their property as income property or hold is as a second summer home. There’s other bills that myself and Congressman Capuano and Congressman Keating are working on. But this bill, that I think is going to pass relatively soon, just protects those who use their property as a primary residence,” Lynch explained.