S 355
Crumbling Foundations Small Business and Homeowners Assistance Act of 2019
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Bill overview
This bill creates a grant program run by FEMA to help homeowners, small business owners, and condominium associations repair damage to concrete foundations caused by pyrrhotite, a mineral that can lead to crumbling. States will apply for funding to reimburse property owners for the costs of preventing, mitigating, and repairing this damage. The program provides up to $20 million per year to states and can last up to 8 years with potential renewals.
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