Olympia Capital Holdings Limited (OCH.ke) 2017 Annual Report

first_imgOlympia Capital Holdings Limited (OCH.ke) listed on the Nairobi Securities Exchange under the Industrial holding sector has released it’s 2017 annual report.For more information about Olympia Capital Holdings Limited (OCH.ke) reports, abridged reports, interim earnings results and earnings presentations, visit the Olympia Capital Holdings Limited (OCH.ke) company page on AfricanFinancials.Document: Olympia Capital Holdings Limited (OCH.ke)  2017 annual report.Company ProfileOlympia Capital Holdings Limited manufactures and sells products for the home restoration, building and construction sectors in Kenya. Products in its range include floor tiles, PVC windows and door frames, cleaning chemicals, adhesives as well as fire prevention equipment and water pumps sold through its subsidiary, Mather & Platt (Kenya) Limited. Kalahari Floor Tiles is a subsidiary company in Botswana and Tjespro (171) Trading Pty Ltd is a subsidiary company in Cape Town. The company also has interests in real estate including Avon Centre and Heri Heights Limited. Formerly known as Dunlop Kenya Limited, the company changed its name to Olympia Capital Holdings Limited in 2004. Established in 1968, the company was founded to manufacture vinyl floor tiles, adhesives and sports equipment. Olympia Capital Holdings Limited is listed on the Nairobi Securities Exchangelast_img read more

Fidelity Bank Plc (FIDELI.ng) Q32017 Presentation

first_imgFidelity Bank Plc (FIDELI.ng) listed on the Nigerian Stock Exchange under the Banking sector has released it’s 2017 presentation results for the third quarter.For more information about Fidelity Bank Plc (FIDELI.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Fidelity Bank Plc (FIDELI.ng) company page on AfricanFinancials.Document: Fidelity Bank Plc (FIDELI.ng)  2017 presentation results for the third quarter.Company ProfileFidelity Bank Plc is a financial services institution in Nigeria offering banking products and services for the individual, commercial and corporate sectors. Its extensive full-service personal and business offering ranges from transactional accounts, online banking, loans and term deposits to money market, treasury services loans and advances, commercial support overdrafts, equipment leasing finance and trade, working capital, project, asset and syndicate finance. Fidelity Bank Plc operates through 225 business offices, 730 ATMs and 3 853 point-of-sale channels. Founded in 18=987 and formerly known as Fidelity Union Merchant Bank, the company changed its name to Fidelity Bank Plc in 1999. Its head office is in Lagos, Nigeria. Fidelity Bank Plc is listed on the Nigerian Stock Exchangelast_img read more

Axa Mansard Insurance Plc (MANSAR.ng) HY2017 Interim Report

first_imgAxa Mansard Insurance Plc (MANSAR.ng) listed on the Nigerian Stock Exchange under the Insurance sector has released it’s 2017 interim results for the half year.For more information about Axa Mansard Insurance Plc (MANSAR.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Axa Mansard Insurance Plc (MANSAR.ng) company page on AfricanFinancials.Document: Axa Mansard Insurance Plc (MANSAR.ng)  2017 interim results for the half year.Company ProfileAXA Mansard Insurance Plc is an insurance and asset management company in Nigeria. The company offers solution products for motor, life, travel, education and commercial insurance as well as financial advisory services, portfolio and risk management services and investment consulting services. AXA Mansard Insurance Plc’s head office is in Lagos, Nigeria. AXA Mansard Insurance Plc is listed on the Nigerian Stock Exchangelast_img read more

Forget Premium Bonds and the National Lottery! I’d invest in a Stocks and Shares ISA today

first_img Investing in the stock market through a Stocks and Shares ISA has become simpler and cheaper over recent years. Online share-dealing has helped to make Stocks and Shares ISAs more attractive to a wider range of people, yet they are still not as popular as they perhaps should be, given their long-term return potential and tax efficiency.Certainly, the return potential of Premium Bonds and the National Lottery may be higher than the stock market. But, realistically, the chances of winning £1m+ on either of those products are slim. As such, now may be the right time to open an ISA and buy a range of FTSE 100 and FTSE 250 stocks for the long run.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Realistic returnsThe chances of winning the National Lottery jackpot are just one in 45m. This means that the vast majority of people who buy lottery tickets are likely to lose their stake. Likewise, Premium Bond winners are few and far between. This means that the average annual return on Premium Bonds is around 1.4%.By contrast, it is realistic to assume that investors can generate a high-single-digit annualised return from the stock market. Evidence of this can be seen in the FTSE 100’s past performance. Since its inception in 1984, the index has recorded annualised total returns of around 9%. Although these returns have not been uniform, investing over a long period could mean that you are able to generate similar returns.Tax efficiencyAs with Premium Bond and National Lottery wins, investing through a Stocks and Shares ISA is tax-free. Unlike a bog-standard share-dealing account, there are no taxes charged on the investment gains and dividends made within an ISA. This could mean that your portfolio has a better chance of improving your financial future – especially with taxes on dividends, for example, having increased in recent years as a result of the dividend allowance being reduced to £2,000 per annum.In addition, withdrawals from a Stocks and Shares ISA are tax-free. This could make them more attractive to some investors than a SIPP or workplace pension – especially since withdrawals can be made from ISAs at any time without penalty.AccessibilityAs mentioned, the growth in online share-dealing has made Stocks and Shares ISA more accessible. It is possible to open an ISA online in a matter of minutes, while the cost of administering it can be minimal. In addition, building a diverse range of shares is cheaper and simpler as a result of services such as regular investing. They can reduce dealing costs to as little as £1.50 per trade and help to improve your overall returns.Therefore, while Premium Bonds and the National Lottery may provide the chance to win £1m+, the reality is that investing modest amounts in shares through an ISA could be a more profitable move in the long run. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Image source: Getty Images. Simply click below to discover how you can take advantage of this. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Forget Premium Bonds and the National Lottery! I’d invest in a Stocks and Shares ISA today Our 6 ‘Best Buys Now’ Shares I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Peter Stephens | Thursday, 30th January, 2020 Enter Your Email Address “This Stock Could Be Like Buying Amazon in 1997” See all posts by Peter Stephenslast_img read more

Entrepreneurship in Apopka: Norelia Cleaning Services

first_img LEAVE A REPLY Cancel reply Gov. DeSantis says new moment-of-silence law in public schools protects religious freedom Please enter your name here Share on Facebook Tweet on Twitter UF/IFAS in Apopka will temporarily house District staff; saves almost $400,000 By Devin HeflinApopka represents a community of growing businesses. Norelia Cleaning Services works their best to make your business look best.A mobile maintenance operation, Norelia Cleaning Services is owned by Marc Norelia, a South Apopka resident. The inspiration for Norelia Cleaning Services derived from Norelia’s time as a student at Mid Florida Technical Institute.“I was enrolled in business courses and at the time worked with a cleaning company. After excelling at high paces in that company, I knew I could do this myself”, Norelia said.Norelia, 25, co-founded the company with his sister, Kaina, in 2013. His sister oversees the financial aspects of the business, while Norelia manages the day to day operations of securing contracts and commutations to places of business.Marc NoreliaHe admits the challenges lay in finding consistency. “Day in and day out you have to perform.” He said. “When you’re working with or have brought someone new onto the team, you have to motivate them to keep them going.”At age twenty-two, Norelia’s company had two consistent contracts. Compared to the eighteen clients Norelia Cleaning Services services today, the young business owner remembers those early days. “Our first year in business, we made plenty of mistakes. Times were slow. However, we made progress when we learned how to handle contracts and communicate with clients properly.”Norelia Cleaning Services works with companies in Clermont, Kissimmee, St. Cloud, Zellwood and Ocoee. Though “typical” is hardly the label assigned to any business anymore, a typical Monday schedule for Norelia Cleaning Services consists of an 11:30 AM client, followed by a 12:30 PM client, which culminates with two businesses and a clubhouse in Ocoee that’s serviced into the latter part of the afternoon.Norelia is a serial entrepreneur who also owns All Grind Entertainment, a music and fashion brand. The advice this young entrepreneur offers to other young entrepreneurs is concise. “Stay on top of your priorities. It will make your life easier. When you’re organized and move ahead of schedule, you can best fix a problem when it arises.”Entrepreneurship in Apopka is a series that spotlights entrepreneurs in our community.  Readers are welcome to submit recommendations to [email protected] Florida gas prices jump 12 cents; most expensive since 2014 Previous articleCommunity Task Force focuses on YouthNext articleOrlando Philharmonic offers tribute concert for victims Dale Fenwick RELATED ARTICLESMORE FROM AUTHOR You have entered an incorrect email address! Please enter your email address here Please enter your comment! Save my name, email, and website in this browser for the next time I comment.last_img read more

Heini Adams scores brilliant Bulls try from turnover vs the Blues

first_imgFriday May 4, 2007 Heini Adams scores brilliant Bulls try from turnover vs the Blues Needing a fourth try to secure the Bonus Point against the Blues, the Bulls get turnover ball deep in their own half. It takes 3 excellent passes and incredible runs by Jaco vd Westhuizen and Bryan Habana for Heini Adams to score a brilliant try. It just goes to show what a little confidence can do to a team.ADVERTISEMENT Posted By: rugbydump Share Send Thanks Sorry there has been an error Great Tries Related Articles 26 WEEKS AGO Incredible athleticism for sensational try… 26 WEEKS AGO ARCHIVE: Suntory score amazing try to upset… 26 WEEKS AGO WATCH: All 12 tries from EPIC Bristol-Clermont… From the WebThis Video Will Soon Be Banned. Watch Before It’s DeletedSecrets RevealedYou Won’t Believe What the World’s Most Beautiful Girl Looks Like TodayNueeyGranny Stuns Doctors by Removing Her Wrinkles with This Inexpensive TipSmart Life Reports30+ Everyday Items with a Secret Hidden PurposeNueey10 Types of Women You Should Never MarryNueeyMen, Try This Tonight – You’ll Never Need the Blue Pill Again!Smart Life ReportsThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancellast_img read more

Los Molles House / Oltmann Ahlers W. + Oltmann Ahlers G. + dRN…

first_imgShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/59820/los-molles-house-oltmann-ahlers-w-oltmann-ahlers-g-drn-arquitectos Clipboard Architects: Oltmann Ahlers W. + Oltmann Ahlers G. + dRN Arquitectos Area Area of this architecture project 2009 Photographs “COPY” Photographs:  Nico Saieh, Felipe Camus Text description provided by the architects. Not having a direct view of the ocean allowed us to place this weekend house facing a less expected landscape. The open panorama of the Pacific Ocean has been replaced by an enclosed orientation towards a group of trees and the coastal hills of the east. These preexisting conditions characterized the site as a contained backyard, which appeared to be an ideal situation to take distance from the life of the beach. The requirements of the brief were defined by the “minimum” needs of a large family, indicating that if the program was built in one single volume there would be little open space; something undesirable due to the qualities of the site. Save this picture!Recommended ProductsWindowsJansenWindows – Janisol PrimoWindowsSky-FrameRetractable Insect Screen – Sky-Frame FlyWindowsRabel Aluminium SystemsMinimal Casement Windows – Rabel 8400 Slim Super Thermal PlusEnclosures / Double Skin FacadesIsland Exterior FabricatorsCurtain Wall Facade SystemsThe plot is divided in five parallel strips, occupying the site in its full length. The distance with the neighbors is given by the local norm, which requires having 2 strips of gardens, one towards the north and the other towards the south. The interior programs of the house are organized in two bars, divided by a third strip of garden of four meters of width. This scheme of garden-house-garden-house-garden alternates interior and exterior spaces, which are placed in different levels of the topography so that the roof of one volume can be use as a terrace by the volume above. This simple fragmentation of site and program, and the definition of different levels, produces equivalence between inside and outside spaces; parallel interior and exterior connections: encouraging a more casual life in the outdoors. Save this picture!© Nico SaiehDuring the winter the number of inhabitants diminishes, the temperatures are lower and the house adopts a more introverted lifestyle. Splitting the program allows to close the lower levels used by the guests on the summer, and keep open only the second floor. The house, acquiring the rhythms of a weekend refuge, absorbs the seasonal variations on the intensity of the program, which define a silent winter –inside- and an agitated summer –outside-. Save this picture!© Felipe CamusThe two levels of the house are built establishing a contrast between a solid podium and a light roof structure. The podium; a concrete platform which attaches the house to the irregular topography, while the roof; built in steel and wood generates a lighter structure that frames specific aspects of the landscape.Project gallerySee allShow lessInternational Landscape Architecture CompetitionArticlesBBI Info-Tower / Kusus + Kusus ArchitektenArticles Share Save this picture!© Nico Saieh+ 44 Share “COPY” Los Molles House / Oltmann Ahlers W. + Oltmann Ahlers G. + dRN ArquitectosSave this projectSaveLos Molles House / Oltmann Ahlers W. + Oltmann Ahlers G. + dRN Arquitectos Los Molles House / Oltmann Ahlers W. + Oltmann Ahlers G. + dRN Arquitectos Projects Area:  1000 m² Year Completion year of this architecture project Year:  ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/59820/los-molles-house-oltmann-ahlers-w-oltmann-ahlers-g-drn-arquitectos Clipboard Chile Houses CopyHouses•Zapallar, Chile ArchDaily CopyAbout this officeOltmann Ahlers W. + Oltmann Ahlers G. + dRN ArquitectosOfficeFollowProductsWoodConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesZapallarWoodHousesChilePublished on May 17, 2010Cite: “Los Molles House / Oltmann Ahlers W. + Oltmann Ahlers G. + dRN Arquitectos” 17 May 2010. ArchDaily. Accessed 12 Jun 2021. ISSN 0719-8884Read commentsBrowse the CatalogSinkshansgroheBathroom Mixers – Talis SVinyl Walls3MExterior Vinyl Finish – DI-NOC™ Solid ColorPartitionsSkyfoldRetractable Walls – Stepped & Sloped SpacesDining tablesZeitraumWood Table – TautBathroom AccessoriesBradley Corporation USARoll Towel Dispenser – Electronic TouchlessWoodLunawoodThermowood FacadesAluminium CompositesSculptformClick-on Battens in Victoria GardensMetal PanelsLongboard®Metal Ceilings – DauntlessWoodStructureCraftEngineering – Mass TimberPanels / Prefabricated AssembliesULMA Architectural SolutionsPerforated Facade PanelFiber Cements / CementsDuctal®Rainscreen Cladding Panels for Lightweight Facades in Apartment BlockBricksAcme BrickModular Size BrickMore products »Read commentsSave想阅读文章的中文版本吗?Los Molles House / Oltmann Ahlers W. + Oltmann Ahlers G. + dRN Arquitectos是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my streamlast_img read more

NMBHD, 1 Plex 3 Noses House / Studio Jean Verville architectes

first_img Houses ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/951703/nmbhd-1-plex-3-noses-house-studio-jean-verville-architectes Clipboard Manufacturers Brands with products used in this architecture project NMBHD, 1 Plex 3 Noses House / Studio Jean Verville architectes ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/951703/nmbhd-1-plex-3-noses-house-studio-jean-verville-architectes Clipboard NMBHD, 1 Plex 3 Noses House / Studio Jean Verville architectesSave this projectSaveNMBHD, 1 Plex 3 Noses House / Studio Jean Verville architectes Save this picture!© Félix Michaud + Studio Jean Verville architectes+ 38Curated by Paula Pintos Share Projects Manufacturers: AutoDesk, Fabelta, Adobe, Hugo Didier ceramist, McNeel, SamaN, Trimble Navigation, Ébénisterie CST EnrDesign Team:Tania Paula Garza Rico, Rémi St-Pierre, France Goneau, François Bodlet, Stéphane Piché, Camille Asselin, Samuel Landry, Alexandre Meloche, Alex LamontagneStudio Director:Tania Paula Garza RicoTechnical Director:Rémi St-PierreArtistic Advisor:France GoneauClients:Nancy-Marie Bélanger, Hugo DidierEngineering:GéniexCity:MontrealCountry:CanadaMore SpecsLess SpecsSave this picture!© Félix Michaud + Studio Jean Verville architectesRecommended ProductsRetail ApplicationsEGGEREGGER Laminates in BookstoreRetail ApplicationsBradley Corporation USACase Study: Restrooms at Dufferin MallEnclosures / Double Skin FacadesIsland Exterior FabricatorsCurtain Wall Facade SystemsWoodTechnowoodPergola SystemsSave this picture!© Félix Michaud + Studio Jean Verville architectesText description provided by the architects. Aiming to develop a real estate heritage for a young family from Montreal’s Rosemont district, the NMBHD project offers spatial investigations reshaping the typology of the Montreal triplex.Save this picture!© Félix Michaud + Studio Jean Verville architectesSave this picture!AxoSave this picture!© Félix Michaud + Studio Jean Verville architectesThe playful approach proposed by the architect enabled Nancy-Marie, Hugo, and little Jules to question their relationship to functionality as well as to compactness within their domestic spaces. “From a non-linear research process, a working team was born, inseparable from a deep friendship.” Nancy-Marie, Hugo, and Jules.Save this picture!© Félix Michaud + Studio Jean Verville architectesSave this picture!© Félix Michaud + Studio Jean Verville architectesNMBHD, 1 plex 3 noses. \ I am a combination of familiar realities, an assemblage of fragments of my neighborhood \ I am a lively citizen, a shared narrative to challenge individuality \ I am a burst plex, tested and approved for compactness \ I am one, two, three gardens, above, below, in front, behind \ I am a studio, youngest of the trio, a conversation with my tabby neighbor \ I am a high-perched terrace apartment, a sprouted hairstyle \ I am a house on the courtyard side, a tower on four levels \ I am a perforated brick tunic, a garland of golden winks \ I am a shadow promenade, an escape for the gardener \ I am an uninhibited family nest, a castle for children, young and old \ I am a living building… Save this picture!© Félix Michaud + Studio Jean Verville architectesSave this picture!© Félix Michaud + Studio Jean Verville architectesProject gallerySee allShow lessAdditi Offices / Kraft ArchitectesSelected ProjectsTreehouse C / Stilt StudiosSelected Projects Share “COPY” ArchDaily Architects: Studio Jean Verville architectes Area Area of this architecture project Year:  “COPY” Canada Area:  90 m² Year Completion year of this architecture project CopyHouses•Montreal, Canada 2020 CopyAbout this officeStudio Jean Verville architectesOfficeFollow#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesMontrealOn FacebookCanadaPublished on November 23, 2020Cite: “NMBHD, 1 Plex 3 Noses House / Studio Jean Verville architectes” 23 Nov 2020. ArchDaily. Accessed 10 Jun 2021. ISSN 0719-8884Browse the CatalogSinkshansgroheBathroom Mixers – LogisVinyl Walls3MExterior Vinyl Finish – DI-NOC™ StonePartitionsSkyfoldWhere to Increase Flexibility in SchoolsTiles / Mosaic / GresiteCupa PizarrasVentilated Facade – CUPACLAD UprightGlassLAMILUXGlass Roof PR60ConcreteKrytonCrystalline Waterproofing – KIMSkylightsVELUX CommercialAtrium Longlight Skylights in ExperimentariumMetal PanelsLorin IndustriesAnodized Aluminum – Copper FinishesStonesFranken-SchotterWall Covering & CladdingWindowsRabel Aluminium SystemsMinimal Casement Windows – Rabel 8400 Slim Super Thermal PlusSwingsStudio StirlingHanging Chair – BasketWallcovering / CladdingArrigoni WoodsWood Cladding – AcousticMore products »Save想阅读文章的中文版本吗?蒙特利尔NMBHD公寓, 一屋三翼 / Studio Jean Verville architectes是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my streamlast_img read more

Macmillan Cancer Support and Cancerbackup to merge

first_imgMacmillan Cancer Support and Cancerbackup to merge AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Howard Lake | 12 January 2008 | News About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. Macmillan Cancer Support and Cancerbackup have announced that they have agreed to merge with effect from about six weeks time.Following the transfer of Cancerbackup to Macmillan Cancer Support, two of Cancerbackup’s existing trustees, including Dr Maurice Slevin, currently Chairman of Cancerbackup, will join the expanded Board of Macmillan Cancer Support.Dr Slevin said: “The combined strength of Cancerbackup’s information and Macmillan’s comprehensive services, and the fact that it is a household name, will vastly improve the delivery of cancer information. Together we are creating the opportunity to ensure that everyone in the UK affected by cancer will receive the highest quality information at the time they want and in the way that they want. I am also confident that our expert staff will continue to provide high quality information to reduce the fear and uncertainty of living with cancer.”www.cancerbackup.org.ukwww.macmillan.org.uk Tagged with: Law / policy  48 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThislast_img read more

Temporary Extension Granted for National Flood Insurance Program

first_img Demand Propels Home Prices Upward 2 days ago May 30, 2019 2,721 Views Temporary Extension Granted for National Flood Insurance Program  Print This Post Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Tagged with: Congress flood Natural Disasters nfip Home / Daily Dose / Temporary Extension Granted for National Flood Insurance Program The Week Ahead: Nearing the Forbearance Exit 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Related Articles Demand Propels Home Prices Upward 2 days agocenter_img Congress flood Natural Disasters nfip 2019-05-30 Mike Albanese Share Save The Best Markets For Residential Property Investors 2 days ago in Daily Dose, Featured, Loss Mitigation, News About Author: Mike Albanese Post updated at 8:31 a.m. on Friday, May 31The National Flood Insurance Program (NFIP) received a last-minute extension Thursday evening, preventing the program from lapsing.The Advocate reports Congress is expected to pass yet another extension–the 12th in two years–on Monday when it returns from its recess. The anticipated extension set for Monday would extend the program to September as Congress discusses a long-term solution.The NFIP covers 5 million policyholders in flood-prone areas.The program was set to expire at 11:59 p.m. on Friday, May 31, and two prior attempts to extend the program failed. The Senate had approved two bills to extend the program: the first is part of the disaster relief legislative package that would extend the NFIP through Sept. 30, and the second would provide a two-week extension.Two prior attempts to gain unanimous consent were block by representatives Chip Roy (R-Texas), Thomas MaThe National Association of Home Builders states that Congress requires all properties with the 100-year floodplain purchase with a federally-backed mortgage to carry flood insurance. A short-term shutdown means insurers and insurance agents cannot sell or renew flood insurance policies back by the program because of lack of government funding. The results could mean new or renewing federal flood insurance policies not be written during the lapse.The U.S. House of Representatives passed H.R. 2578 earlier in April, which would have extended the NFIP’s authorization to September 30.“The NFIP plays an important role in disaster preparedness and resiliency by providing flood maps, setting standards for floodplain management, and investing in mitigation for our homes, businesses, and infrastructure. According to the Federal Emergency Management Agency, everyone is at risk of flooding,” said Maxine Waters, Congresswoman Maxine Waters (D-CA) and Chairwoman of the House Financial Services Committee. “That means that this is not just a coastal issue—we all have an interest in ensuring a strong National Flood Insurance Program. Mike Albanese is a reporter for DS News and MReport. He is a University of Alabama graduate with a degree in journalism and a minor in communications. He has worked for publications—both print and online—covering numerous beats. A Connecticut native, Albanese currently resides in Lewisville. Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Previous: U.S. Bank Sues Bank of America Over RMBS Issues Next: Measuring Pending Home Sales and Affordability Subscribe Sign up for DS News Daily Servicers Navigate the Post-Pandemic World 2 days agolast_img read more