Illustrative Actions

Tax Incentives for “Sunny Day” Investments – Use the tax code to incentivize resilience investments by:

1. Developing state and federal tax credits for sunny day resilience investments
2. Ending the federal taxation of grants received by property owners from state-based catastrophe-loss mitigation programs. Specific approaches should be pursued to ensure such tools are accessible to low-and-moderate income households.

Build Back Better – Following a disaster, property owners and communities should have the ability to build back stronger so they are more resilient in the face of future disasters. Rather than reimbursing property owners after the fact, timely government funding can assist in building back stronger. Federal agencies like FEMA and HUD should require that all rebuilding meet region- and hazard-specific resilience standards, such as the IBHS FORTIFIED standards.