California SB894 establishes a wildfire resilience loan program to assist property owners in reducing wildfire risk.
California SB894 creates a loan program to help property owners make wildfire resilience improvements. The program aims to reduce wildfire losses and improve community resilience. Eligible activities include home hardening, defensible space treatments, and other measures to enhance structural survivability. The California Alternative Energy and Advanced Transportation Financing Authority will administer the program, leveraging public and private funds to provide financial assistance. The program seeks to prioritize areas with the greatest expected reduction in community structure loss.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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