Newsom signs Allen bill creating low-interest loans for

wildfire home hardening

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https://www.smdp.com/newsom-signs-allen-bill-creating-low-interest-loans-for-wildfire-home-hardening/

Gov. Gavin Newsom has signed SB 894, a bill by Sen. Ben Allen, D-Pacific Palisades, that creates a state-backed, low-interest loan program to help property owners pay for home hardening and defensible space improvements. The bill, called the Wildfire Mitigation Affordability Act, passed the Legislature with unanimous, bipartisan support. The resulting California Wildfire Resilience Loan Program will be implemented by the State Treasurer's Office. "SB 894 will help homeowners and businesses access low-interest financing to harden their properties and create defensible space — reducing risk be

Image: COVER---Ben-Allen-2-1.jpg

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