HORRY COUNTY, S.C. (WPDE) — The ongoing government shutdown is causing disruptions in the National Flood Insurance Program (NFIP).
The program is funded through FEMA, impacting homebuyers in flood-prone areas.
Jay Gray, a real estate expert in Myrtle Beach, explained that the shutdown particularly affects those using FHA or VA loans, which are popular among first-time homebuyers due to their lower down payment requirements and flexible credit score criteria…