Cal. Ins. Code § 10089.397

Current through the 2024 Legislative Session.
Section 10089.397 - California Residential Mitigation Program; grants for multiunit structures
(a) The Legislature finds and declares that there exists the California Residential Mitigation Program, also known as the CRMP, a joint powers authority created in 2012 by agreement between the California Earthquake Authority and the Office of Emergency Services.
(b) Any funds appropriated by the Legislature for the purpose of funding the CRMP's implementation of the grant program described in this section shall be to the department, which shall provide the funds to the California Earthquake Authority's Earthquake Loss Mitigation Fund, pursuant to subdivision (k) of Section 10089.7 and according to the terms of an agreement negotiated by the department and the authority. The authority, the prime funder of the CRMP, shall then transfer the funds from its Earthquake Loss Mitigation Fund to the CRMP for further implementation and expansion of the CRMP's Earthquake Brace and Bolt program, upon actions by the respective governing boards of the authority and the CRMP, authorizing and accepting that transfer. The CRMP may, pursuant to the requirements of this section, implement the grant program and on or after July 1, 2015, make grants that assist a qualifying owner of a multiunit residential structure by defraying the owner's cost of seismic retrofitting of the structure.
(c) The CRMP may make a grant to an applicant who satisfies all of the following:
(1) The applicant is an owner of record of the structure to be retrofitted and has secured the written consent of all other owners of the structure to make a grant application.
(2) The structure is a residential building of not fewer than two, but not more than 10, dwelling units.
(3) The dwelling units in the structure are occupied by tenants who are members of "lower income households," as defined in subdivision (a) of Section 50079.5 of the Health and Safety Code.
(4) The structure meets structural requirements established pursuant to subdivision (d).
(5) The structure is located in a high-risk earthquake area, based on criteria established pursuant to subdivision (d).
(6) The retrofit work qualifies as work for which the applicant may receive a grant, based on criteria established pursuant to subdivision (d).
(d) The governing board of the CRMP shall adopt policies and procedures necessary to implement this section, including, but not limited to, establishing the means by which the applicant may satisfy the tenant-related economic eligibility criteria for the program, establishing structural eligibility requirements for a structure that will receive seismic retrofit work, defining criteria for determining whether a structure is located in a high-risk earthquake area, defining criteria for seismic retrofit work that qualifies as work eligible for receipt of a grant, and defining criteria for the determination of the amount of a grant awarded pursuant to the program created by this section. In adopting those policies and procedures, the governing board shall provide notice and opportunity for public review and comment, publish the policies and procedures on the CRMP's Internet Web site, and otherwise make the policies and procedures available to the public.

Ca. Ins. Code § 10089.397

Added by Stats 2015 ch 25 (SB 84),s 42, eff. 6/24/2015.