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4523 is incorporated into the next COVID-19 recovery bill. We fervently ask you to do whatever you can to help ensure that the language of H.R. 6292 in the 115th Congress whose lead sponsor was former Rep. His subcommittee held a hearing on the bill in January. Fall in Love With Your New Home With Brookfield Residential Subscribe to the AtHome eNewsletter At Home is a product of the Boulder Daily Camera, Broomfield Enterprise, Greeley Tribune, Longmont Times-Call and Loveland Reporter-Herald. Lacy Clay (D-MO) is the lead sponsor of H.R. 4523 is especially urgent now – on July 1st 25 percent of the nonprofits will face the daunting prospect of renewing their property/casualty insurance. Because commercial insurers aren’t interested in affordably serving the small and mid-sized nonprofit market, the legislation would not harm them. Because commercial insurance companies only offer property and liability together as a package for small and mid-sized nonprofits, it hinders these organizations from providing the help nonprofits so desperately need now. The bill will allow certain financially strong risk retention groups serving 501(c)(3) charitable nonprofits to offer property coverage in addition to the more difficult liability insurance they already provide. 4523 is a no-cost solution that will allow nonprofits to fix this problem for themselves. 4523, the Nonprofit Property Protection Act, in the next COVID-19 recovery bill.ĭuring a time when nonprofits are stretched thin because of COVID-19 to meet essential community services, many commercial insurance companies across the country are unwilling to insure those on the frontlines - homeless shelters, domestic violence shelters, food banks, drug and alcohol treatments programs, foster family and adoption services, animal rescues, child and family services and many more.Īffordable insurance is never easy for nonprofits to find, but we are now in an insurance crisis on top of a national health emergency. We urgently request that you support including the language from H.R. 4523)ĭear Chairman Crapo and Ranking Member Brown: His passion for architecture and construction are evident in each of the hundreds of Lifestyle Custom Homes that have been built throughout Northern Colorado. He started out as a framer and designed and built his first house as a general contractor almost 30 years ago.
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RE: Urgent Need for the Nonprofit Property Protection Act (H.R. LOVELAND Ed Rust, founder of Lifestyle Custom Homes, knows homebuilding from the inside out. The Honorable Mike Crapo and The Honorable Sherrod BrownĬommittee on Banking, Housing, and Urban Affairs Improper Sexual Conduct and Physical Abuse Liability.