Establishes a natural hazard mitigation financing program, modifies disaster recovery housing assistance, and regulates post-loss assignments and.

The bill creates a natural hazard mitigation financing program to provide loans for projects mitigating natural hazards. It defines "eligible entity" and "project" and outlines the program's administration by the Department of Homeland Security and Emergency Management and the Iowa Finance Authority. The bill also modifies the disaster recovery housing assistance program, allowing financial assistance for homeowners and renters. It defines "financial assistance" and specifies the fund's use. The bill regulates post-loss assignments, prohibiting certain actions by residential contractors.

Establishes a natural hazard mitigation financing program, modifies disaster recovery housing assistance, and regulates post-loss assignments and.

The bill creates a natural hazard mitigation financing program to provide loans for projects mitigating natural hazards. It defines "eligible entity" and "project" and outlines the program's administration by the Department of Homeland Security and Emergency Management and the Iowa Finance Authority. The bill also modifies the disaster recovery housing assistance program, allowing financial assistance for homeowners and renters. It defines "financial assistance" and specifies the fund's use. The bill regulates post-loss assignments, prohibiting certain actions by residential contractors.