Here's a link to FEMA's web site with a fact sheet about Homeowner Flood Insurance Affordability Act.
The Homeowner Flood Insurance Affordabillity Act of 2014 law repeals and modifies certain provisions of the Biggert-Waters Flood Insurance Reform Act and makes additional program changes to other aspects of the National Flood Insurance Program.
The act, signed into law March 21, 2014, lowers the recent rate increases on some policies, prevents some future rate increases, and implements a surcharge on all policyholders.