# National Flood Insurance Fund - Mandatory

**Agency:** Homeland Security  
**Account:** National Flood Insurance Program  
**Source document:** Federal Emergency Management Agency · p. 6  
**Vintage:** President's Budget PB2027  
**Canonical URL:** https://hitchintel.com/budget/homeland-security/national-flood-insurance-fund-mandatory  

> **Trust:** parsed from the agency Congressional Justification. Approximate, **not summable**, verify at the cited page.

## Funding ($M)

| Fiscal year | Basis | Amount |
| --- | --- | --- |
| FY2025 | enacted | 4,190.2 |
| FY2026 | CR annualized | 4,330.0 |
| FY2027 | request | 4,617.0 |

The prior-year column is a CR annualized figure, not an enacted appropriation.


## Homeland Security discretionary budget authority (OMB PBDB — authoritative)

FY2027 $91.40B, FY2026 $88.60B. This is the agency total, not a sum of the parsed lines.


## What this funds

25.3 Other Purchases of Goods & Services Commission of Taxes and Agents WYOs Full-Year CR Annualized CR President's Budget Total Changes Explanation of Non Pay Cost Drivers Claims and Other Expenses: This cost driver represents the portion of approximately $4.6B in premiums collected from NFIP policy holders used to pay claims associated with flooding. As of December 2025, there are approximately 4.6M NFIP policies in force, representing nearly $1.3T in coverage. This is also where FEMA receives reinsurance payments, when applicable, which can offset payments to policy holders for flood claim losses. FY 2027 funding levels reflect updated estimates of the financial position of the NFIP, and the number of policyholders aligned with the Commission of Taxes and Agents for WYOs: This represents the portion of NFIP premiums retained by the approximately 50 private insurance companies participating in the WYO program. The private insurance companies participating in the NFIP are responsible for selling and servicing flood insurance policies, commissions paid to agents for selling NFIP Direct flood insurance policies, and insurance premium taxes paid to state governments on the premiums collected for flood policies sold in those states. Increased costs in this activity are attributed to updated estimates derived from the NFIP baseline model. Interest Payments on NFIP Debt: This cost driver represents the amount the NFIP must have available to service the program's outstanding debt authority was limited to $1.5B, which it was able to manage as needed through collections of policyholder premiums. After multiple catastrophic events in FY 2005, the NFIP's borrowing authority was increased and the program accrued significant debt and associated interest payments. NFIP Operating Expenses - Program Delivery: This cost driver supports the overall manageme


**Where it sits:** Civilian / Non-Defense › Homeland Security › Federal Emergency Management Agency › National Flood Insurance Program › National Flood Insurance Fund - Mandatory


*HitchAI is an independent intelligence service, not affiliated with the U.S. government. Civilian line dollars are parsed from agency Congressional Justifications and are approximate.*