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Show Kanarra eligible for Flood Insurance Residents of Kanarraville are eligible to participate in the National Flood Insurance In-surance Program, it is announced by U.S. Department of Housing and Urban Development. Property owners in Kanarraville are now eligilble to buy flood insurance in-surance protection at affordable af-fordable rates sbusidezed by the Federal Government, according to J. Robert Hunter, Acting Administrator. Ad-ministrator. The policies can be purchased pur-chased from any licensed property insurance agent or broker. The CNA Insurance, 1660 Lincoln St., Suite 1800, Denver, Colo. 80203 has been designed as the flood insurance in-surance serving company for this area. Policy forms, rates, flood insurance manuals, and any other other necessary information can be obtained form this company. "Since flood insurance is now available," Hunter said,"owners of property in areas identified by HUD as being flood-prone must, according to the law, buy flood insurance when seeking any form of Federal or federally-related financial assistance for the acquisition or construction of buildings in those areas. "This would include grants from Federal agencies, FHA VA and FHA mortgage loans, loans from the Small Business Administration, Ad-ministration, and conventional con-ventional mortgage loans from any federally-regulated federally-regulated or supervised banks and savings and loan associations." |