H.R. 7310 is designed to help homebuyers by ensuring they are informed about flood risks when purchasing properties owned by the Department of Housing and Urban Development (HUD) that are located in special flood hazard areas. The bill requires HUD to disclose the estimated...
Simple Explanation
H.R. 7310 wants to make sure people know if the houses they are buying from the government might flood a lot, by telling them about flood insurance costs and if the house has been flooded before.