,i  #aaeth ,,congress  #b;d ,session    
,h4 ,r4 #fdii  ,,in ,,the ,,house ,,of  
,,representatives  ,july #bd1 #bjah,mrs4
 ,torres 7for herself and ,mr4 ,poe of  
,texas7 introduced the following bill2  
which was referred to the ,committee on 
,small ,business  ,a ,,bill  ,to amend  
the ,small ,business ,act to authorize  
the ,administrator of the ,small        
,business ,administration to issue loans
 to homeowners in areas at risk for     
disasters to carry out pre-disaster     
mitigation activities1 and for other    
purposes4  #a4 ,short title ,this ,act  
may be cited as the ,homeowners         
,disaster ,preparation ,act of #bjah4   
#b4 ,loan program ,the ,small ,business 
,act 7#ae ,u4,s4,c4 #fca et seq47 is    
amended--  7#a7 by redesignating section
 #dg as section #dh2 and  7#b7 by       
inserting after section #df the         
following new section3  #dg4 ,homeowner 
,disaster ,preparation  7a7 ,loan       
program  7#a7 ,loans ,the ,administrator
 may issue a loan to an eligible        

homeowner for purpose of pre-disaster   
mitigation activities4  7#b7 ,amount ,no
 loan issued under this section may     
exceed #aj1jjj4  7#c7 ,interest rate    
,the ,administrator shall set the       
interest rate of loans issued under this
 section at such rates as the           
,administrator determines1 in the       
aggregate1 are sufficient to cover--    
7,a7 the cost of such loans2 and  7,b7  
the administrative costs of carrying out
 this section4  7#d7 ,priority ,in      
making a determination whether to issue 
a loan under this section1 the          
,administrator shall prioritize loans   
that the ,administrator determines will 
have the greatest effect on the         
protection of life and property4  7#e7  
,authorization of funds  7,a7 ,initial  
appropriation ,there is authorized to be
 appropriated to the ,administrator     
#ajj1jjj1jjj to carry out this section4 
7,b7 ,subsequent funds ,all funds       
collected under this section shall be   
deposited in an account solely for the  

purpose of carrying out this section4   
,such amounts shall be available to     
carry out such activities without need  
of further appropriation4  7b7          
,definitions ,in this section3 7#a7 ,the
 term ,administrator means the          
,administrator of the ,small ,business  
,administration4  7#b7 ,the term cost   
shall have the meaning given the term   
under section #ejb of the ,congressional
 ,budget ,act of #aigd4  7#c7 ,the term 
eligible homeowner means an individual  
who--  7,a7 owns a single- or           
multi-family home located in an area    
that the ,administrator determines to be
 at risk for--  7i7 earthquakes2  7ii7  
flooding2  7iii7 wildfires2  7iv7       
landslides2 or  7v7 tornadoes2 and  7,b7
 does not1 at the time of application   
for a loan under this section1 have any 
outstanding loans under this section4   
7#d7 ,the term pre-disaster mitigation  
activities means-- 7,a7 home elevation2 
7,b7 purchasing a generator for an      
individual who1 in the determination of 

the ,administrator1 requires the        
generator to address a critical medical 
need2  7,c7 dry floodproofing2  7,d7    
construction of a residential safe room2
  7,e7 wildfire mitigation2  7,f7       
enhancements to strengthen a roof1      
window1 or door to minimize potential   
wind damage2 or  7,g7 earthquake        
retrofitting4  4