Establishes natural hazard mitigation financing, disaster recovery housing assistance, and new housing programs, and regulates public adjusters.
The bill creates the natural hazard mitigation financing program to provide loans for projects mitigating natural hazards. It establishes a disaster recovery housing assistance program for homeowners and renters with damaged homes, and a disaster recovery new housing program for homeowners. It regulates public adjusters, requiring them to be licensed and prohibiting certain practices. It also regulates appraisers and umpires, requiring them to be licensed, detailing their duties, and setting penalties for violations.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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