Texas SB2924 establishes a grant program for retrofitting single-family residential properties to mitigate hurricane and windstorm losses.
Texas SB2924 creates a grant program for retrofitting single-family residential properties to better withstand hurricanes and windstorms. The Texas Department of Insurance will award grants to eligible property owners to retrofit their homes. To qualify, the property must be a single-family home or HUD-code manufactured home and the owner's residence homestead. The grants must be used to meet specific standards set by the Institute for Business and Home Safety or another approved mitigation program.
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- Core Provisions
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- Legal Framework
- Critical Issues
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