We've endured a physical disaster in the 2011 flood, we can't absorb a financial disaster three years later.
That's how Minot City Manager Dave Waind described a potential increase in flood insurance rates for people living in the Mouse River Valley.
Waind was talking with North Dakota Senator Heidi Heitkamp as she met with city officials to discuss the flood insurance program.
It is certain that people living in the valley in Minot will need flood insurance when FEMA re-draws flood maps based on the record-setting flood.
But there is uncertainty about how high the rates will be.
Heitkamp says a bill all three members of the state's congressional delegation support would delay major rate increases for a few years.
But she says there must be a full look at the flood insurance program to make sure people can still afford to live in their homes.
(Sen. Heidi Heitkamp, (D) ND) "When I look at the issue of flood insurance I see the issue of home ownership because this issue could make single family home ownership unaffordable in our communities. It's done it in Grafton, it could do it in Minot."
(Curt Zimbelman, Minot Mayor) "I think we're also concerned with valuations in the valley if this doesn't get passed what you're trying to do here, because certainly that will affect values so we're concerned, it's a big deal for Minot."
Senator Heitkamp says the bill to delay flood insurance rate hikes is likely to get a vote in the Senate next week, and she expects it to pass easily.