Posted by Phil Boyle on Tuesday, December 10th, 2013
Washington policy riddled with inequities and lacks proper impact research
December 10, 2013 - Bay Shore, NY - Citing the disastrous financial impact it would have on middle-class families’ home values, Senator Phil Boyle is urging Washington lawmakers to delay the implementation of the Biggert-Waters Flood Insurance Reform Act.
“If allowed to be fully implemented, this Federal law would destroy many of my constituents’ home values,” said Boyle. “As many Sandy victims are just getting back into their homes, now is not the time to hit them with a punishing increase in their flood insurance rates."