Homeowners Disaster Preparation Act of 2018

1/11/2023, 1:41 PM

Homeowners Disaster Preparation Act of 2018

This bill authorizes the Small Business Administration to issue loans to qualified homeowners for pre-disaster mitigation activities such as home elevation, enhancements to strengthen roofs, and earthquake retrofitting.

Congress
115
Number
HR - 6499
Introduced on
2018-07-24
# Amendments
0
Sponsors
+5
Cosponsors
+5

Variations and Revisions

7/24/2018
Text
PDF
XML

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Homeowners Disaster Preparation Act of 2018

This bill authorizes the Small Business Administration to issue loans to qualified homeowners for pre-disaster mitigation activities such as home elevation, enhancements to strengthen roofs, and earthquake retrofitting.

Alternative Names
Official Title as IntroducedTo amend the Small Business Act to authorize the Administrator of the Small Business Administration to issue loans to homeowners in areas at risk for disasters to carry out pre-disaster mitigation activities, and for other purposes.
Policy Areas
Commerce
Potential Impact
Administrative law and regulatory procedures•
Emergency planning and evacuation•
Fires•
Floods and storm protection•
Government lending and loan guarantees•
Housing finance and home ownership•
Interest, dividends, interest rates•
Natural disasters•
Residential rehabilitation and home repair•
Small Business Administration•
Small business

Comments

Related

Member:  
Ted Poe

Recent Activity

Latest Summary8/16/2019

Homeowners Disaster Preparation Act of 2018

This bill authorizes the Small Business Administration to issue loans to qualified homeowners for pre-disaster mitigation activities such as home elevation, enhancements to strengthen roof...

Latest Action7/24/2018
Referred to the House Committee on Small Business.