WASHINGTON – Oct. 6, 2017 – The Trump administration proposed and end to federal flood insurance for new homes built in high-risk flood areas – a change that could curtail new construction in parts of Florida.
Home builders warned that the plan could stifle the economy and strongly opposed the idea. On the opposite side of the debate, climate activists praised it, suggesting it would put less people in harm’s way…
This could impact the construction of new developments in the near future.
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