Retrofits Improve Affordability and Resilience
For homeowners living in areas prone to wind and storm surges, retrofits using resilient building materials can mitigate the risk of property damage and reduce insurance premiums. The upfront costs of performing retrofits, however — along with not knowing which retrofits are appropriate to pursue — often hinder property owners from moving forward. Several public, private, and nonprofit programs are currently working to address these challenges and support residential retrofits that promote energy efficiency and mitigate damage from natural hazards. MyStrongHome offers homeowners an innovative way to finance wind damage mitigation retrofits with minimal or no upfront costs.
Read the U.S. Department of Housing and Urban Development’s entire article here.