Establishes the California Wildfire Resilience Loan Program to provide financial assistance for wildfire resilience improvements.
The bill establishes the California Wildfire Resilience Loan Program to provide financial assistance for wildfire resilience improvements. The program aims to reduce wildfire losses, improve community resilience, and increase the adoption of home hardening and defensible space measures. Eligible activities include home hardening, smoke mitigation retrofits, and other risk reduction measures. The program is to be administered by the California Alternative Energy and Advanced Transportation Financing Authority, in consultation with relevant state agencies.
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