§123.107. How much can I borrow for post-disaster mitigation for my home?
13 C.F.R. § 123.107
For mitigation measures implemented after a disaster has occurred, you can request that the approved home disaster loan amount be increased by the lesser of the cost of the mitigation measure, or up to 20 percent of the verified loss (before deducting compensation from other sources), to a maximum of $500,000.
Notes, amendments, and revision history
Amendments
[75 FR 14332, Mar. 25, 2010, as amended at 88 FR 39341, June 16, 2023]
Authority
Authority: 15 U.S.C. 632, 634(b)(6), 636(b), 636(d), 657n, 9009, and U.S. Const. art. VI, cl. 10.
Source
Source: 61 FR 3304, Jan. 31, 1996, unless otherwise noted.
Amendments
[75 FR 14332, Mar. 25, 2010, as amended at 88 FR 39341, June 16, 2023]