National Flood Insurance Program Reauthorization and Reform Act of 2025

This bill, titled the National Flood Insurance Program Reauthorization and Reform Act of 2025, would reauthorize the National Flood Insurance Program (NFIP) through September 30, 2030, with several reform and modernization measures across affordability, mitigation, mapping, solvency, and policyholder protections. Key changes include a five-year cap on annual premium increases (9% per year), creation of means-tested assistance to help low- and moderate-income households afford premiums, optional monthly premium payment plans, and a suite of mitigation and mapping initiatives intended to reduce flood risk and modernize risk assessment. The bill also seeks to improve program solvency and oversight (e.g., for Write Your Own insurers and third-party costs) and strengthen policyholder protections (appeals, education, risk transparency). It incorporates several new funding authorities and requires regular reporting to Congress on implementation and outcomes. In short, the measure aims to keep NFIP operating smoothly through 2030 while introducing targeted subsidies, expanded mitigation tools, enhanced data and risk communication, and stronger accountability and consumer protections for policyholders.