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        <h2 class="article-title">Can A Debt-Burdened Flood Program Take On Hurricane Harvey?</h2>
        <p class="article-byline">August 30, 2017

                                      <span class="pipe">|</span> By <a href='/sites/erikamorphy/' class="entity_name"> <span itemprop="author">Erika Morphy</span></a>
                       
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        <p class="article-abstract">"If the federal government forgave the debt currently owed and allowed the NFIP to operate more like a private insurance company, it would then have the opportunity to succeed in what it was designed to do."</p>

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                <figure id="attachment_4709" align="alignright" width="616"> <a href="http://images.globest.com/contrib/content/uploads/sites/304/2017/08/NOAA-photo-.jpg"><img class="size-full wp-image-4709" src="//images.globest.com/contrib/content/uploads/sites/304/2017/08/NOAA-photo-.jpg" alt="" width="616" height="375"></a> Photo by NOAA.gov</figure>
                <p>WASHINGTON, DC–The news coming out of Texas, Houston in particular, has been heartbreaking. Indeed, the <strong>Federal Emergency Management Agency Administrator Brock Long</strong> told <em>CNN</em> that “FEMA is going to be there for years.” The state of Louisiana and other parts of the Gulf Coast are now facing some peril from the remnants of Hurricane Harvey as well.</p>

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                           <img class="author-headshot minor" src='http://images.globest.com/contrib/content/uploads/sites/304/2016/01/Erika-Morphy_avatar_1454221855.jpg' alt="Erika Morphy" />
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                        <h3 class="article-title"><a href='/sites/erikamorphy/' class="entity_name">Erika Morphy &rsaquo;</a></h3>
                        
                           <p> Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.</p>

                           <p><a href="/sites/erikamorphy/">More articles by this author ›</a></p>


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