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Jul18
2-Step Process Announced For Florida Hurricane Damage Mitigation Program
The Florida Department of Financial Services (DFS) has announced a two-step process to help homeowners meet the requirements of the comprehensive “Hurricane Damage Mitigation Program.”  Step one is a free home inspection and step two is to apply for a matching grant. 

The program offers free home inspections by “specially qualified wind-resistance inspectors” to eligible homeowners.  Eligible homeowners include:

  • A Floridian whose primary residence is a single-family, “site-built” home and

        - who has a valid homestead exemption, and
        - whose home has an insured value of less than $500,000.
  • A Floridian whose primary residence is a unit in a residential building of up to four units, and

        - who has a valid homestead exemption, and
        - whose unit has an insured value of less than $500,000.
 
You must have a home inspection report in order to apply for a grant.  Priority lies with “directing funds to areas that will help reduce the state’s hurricane exposure, including less exposure in Citizens Property Insurance Corporation.”  Eligible homes will be able to receive “matching grants of up to $5,000 each to make specific home improvements as recommended in the inspection report.”

An example would be “If the recommended improvements you have done cost $3,000, the state would pay $1,500 and you would pay $1,500.”  The website will post information about how to start the process in August of this year. 

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