From David Knudsen:
Yesterday (June 30th) the Senate finally got around to voting through a temporary reauthorization of the National Flood Insurance Program through Sept. 30th. So deals that have been stuck in limbo and not able to close due to the inability to secure flood insurance can move forward. (Note: if you secure flood insurance now, and the program again is allowed to lapse after Sept. 30th, your flood insurance remains in place.)
For background, see our earlier post.