Bill > H7865

This bill establishes the "Strengthen Rhody Homes" program within the Department of Business Regulation, Division of Insurance, to help fund home hardening projects that make residential properties more resilient to hurricanes and other catastrophic weather events. The program is designed to seek and receive federal grants or funds from other sources, as it does not create an entitlement for property owners or obligate the state to provide funding. Eligible homeowners must meet specific criteria, including owning and occupying a single-family primary residence that is in good repair (unless recently damaged by a catastrophic event), and the home must be prequalified by a certified evaluator from the Insurance Institute for Business and Home Safety (IBHS) for improvements to meet IBHS FORTIFIED standards. Homeowners will be responsible for hiring IBHS-certified contractors and paying evaluator fees, and grant funds will be paid directly to contractors upon completion and certification of the work. The program will prioritize lower-income applicants and those in areas with higher susceptibility to weather events, and all mitigation work must adhere to local building codes and secure necessary permits. The bill also outlines requirements for contractors and evaluators, including certifications and avoiding conflicts of interest, and establishes a "Strengthen Rhody Homes Revolving Fund" to hold and disburse grant monies.