Effective immediately, the Federal Emergency Management Agency (FEMA) will allow operations of the National Flood Insurance Program (NFIP) to resume, even while the government remains partially shut down, the agency announced Friday. The move was retroactive to Dec. 21, ultimately leaving no lapse in NFIP availability.

Additionally, the Board of Governors of the Federal Reserve System, Farm Credit Administration, FDIC, and OCC issued a joint statement reminding banks that they can continue to make loans during periods when the NFIP administered by FEMA is unavailable. You can find the statement as well as a guidance issued in 2010 which is generally applicable whenever the NFIP is unavailable at https://www.federalreserve.gov/newsevents/pressreleases/bcreg20181228a.htm.