The National Flood Insurance Program, the insurance fund that insures borrowers against the risk of loss from flooding, is administered under three statues: the National Flood Insurance Act of 1968/ The Flood Disaster Protection Act of 1973, and title V of the Riegle Community Development and Regulatory Improvement Act of 1994. The 1968 act made federally subsidized flood insurance available to owners of improved real estate or mobile homes located in special flood hazard areas if their communities participate in the NFIP. The FDPA required the federal financial regulatory agencies to adopt regulations prohibiting their r regulated lending institutions from making, increasing, extending or renewing a loan secured by improved real estate or a mobile home located or to be located in an SFHA in a community participating in the NFIP, unless the property securing the loan was covered by flood insurance