Establishes the Granite State Home Mitigation and Resiliency Program to provide grants to New Hampshire homeowners for home damage mitigation.
The Granite State Home Mitigation and Resiliency Program, established under this bill, aims to provide financial grants to New Hampshire homeowners to mitigate risks to their homes from severe weather events. Homeowners can apply for grants to reinforce their residential structures, improve insurability, and reduce claim severity and insurance premiums. Grants are available for tree removal, foundation repairs, and other mitigation efforts, with a maximum annual grant of $9,500 per residence.
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