Insurance

Insurance

Pearce Applauds Passage of Bill that Lowers Flood Insurance Costs for New Mexicans

Congressman Pearce issued the following statement after the House passed H.R. 2901, the Flood Insurance Market Parity and Modernization Act, a bill that would clarify the Flood Disaster Protection Act to give consumers more options when purchasing flood insurance:

NEW FLOOD MAPS SHOW CURRENT RISKS IN SANTA FE COUNTY, NEW MEXICO

Santa Fe County, New Mexico, homeowners, business and residential renters and business owners who do not have flood insurance are encouraged to buy coverage now to get the best possible premiums before new flood insurance rate maps go into effect.

FEMA Administrator Agrees to Heinrich’s Request to End “Without Levees” Policy in Modernizing Flood...

ALBUQUERQUE, NM - March 16, 2011 - (RealEstateRama) -- U.S. Representative Martin Heinrich (NM-1) fought to prevent potential increases in New Mexico homeowner’s insurance payments—and he won. There has been growing concern from local flood control management agencies and community members over a Federal Emergency Management Administration (FEMA) policy that treats uncertified flood control structures as if they don’t exist, which could force homeowners and small businesses to buy costly and in some cases unnecessary flood protection insurance

Bingaman: New Mexico Receives $10.7 Million to Aid Struggling Homeowners

WASHINGTON, DC - October 5, 2010 - (RealEstateRama) -- U.S. Senator Jeff Bingaman today announced that New Mexico will receive $10.7 million to help struggling homeowners stay in their homes.

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DOE helps low-income New Mexicans weatherize homes

The U.S. Department of Energy awarded $1.7 million to the New Mexico Mortgage Finance Authority to help low-income New Mexicans weatherize their homes. The funds,...

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GSA Awards Construction Contract for New Port of Entry in Columbus,...

The U.S. General Services Administration (GSA) awarded the construction contract for the new Land Port of Entry (LPOE) in Columbus, New Mexico to Hensel Phelps Construction Co, from Austin, Texas. The new LPOE will provide the Department of Homeland Security’s Customs and Border Protection (CBP) with facilities to help the agency fulfill its mission of keeping America’s borders safe and secure.