Resilience Revolving Loan Fund Act of 2019 2020-09-04 Reported to House Resilience Revolving Loan Fund Act of 2019

This bill authorizes the Federal Emergency Management Agency (FEMA) to enter into agreements with any state or Indian tribal government to make capitalization grants for the establishment of hazard mitigation revolving loan funds.

Such funds shall provide assistance to local governments to carry out projects to reduce disaster risks for homeowners, businesses, nonprofit organizations, and communities in order to decrease the loss of life and property, the cost of insurance claims, and federal disaster payments.

]]> 2019-07-16 Introduced in House Resilience Revolving Loan Fund Act of 2019

This bill authorizes the Federal Emergency Management Agency (FEMA) to enter into agreements with any state or Indian tribal government to make capitalization grants for the establishment of hazard mitigation revolving loan funds.

Such funds shall provide funding assistance to local governments to carry out projects to reduce disaster risk in order to decrease the loss of life and property, the cost of insurance claims, and federal disaster payments.

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