NAR’s Realtors Relief Foundation helps people after a disaster threatens their homes, including Floridians after Hurricane Ian hit Fla. last year.
Of those helped, 63K followed Hurricane Ian and 4K Nicole. It comes to $5.2B in grants, disaster loans and flood insurance after Ian and $19.8M after Nicole.
Work still needs done, but anyone standing in downtown Fort Myers would be hard pressed to see damage from one of the U.S.’s most destructive hurricanes.
The state’s insurer-of-last-resort charges less, but big state programs tend to get bogged down by their own weight over time – and private insurers offer better coverage.
Mortgages must still be paid after a hurricane, but Fannie Mae, Freddie Mac and FHA have programs to help after a disaster – providing homeowners request it.
