Strengthen Colorado Homes Enterprise Grant Program

How it works

Colorado enacted the Strengthen Colorado Homes Enterprise in the Division of Insurance. The enterprise collects an annual fee from admitted homeowner’s insurers and uses that money to provide business services to insurers, including grants to Colorado homeowners to retrofit residential property with resilient roof systems.

What the money covers

The law says grant money is used to retrofit residential property to reduce insurer losses due to common perils, including hail and windstorms. The legislative summary also says the grant program is intended to strengthen homes against high winds, wildfire, hail, and other extreme weather events by allowing a homeowner to upgrade a roof system with resilient roof materials.

Amounts and matching

The law states that at least 85% of fee revenue must be used for grants to Colorado homeowners. The statute also says the insurer fee is 0.5% of total homeowner premium collected in the immediately preceding calendar year beginning in calendar year 2027. The public summary page does not provide a per-home maximum grant amount.

How to apply

The board may contract with a third-party vendor to administer the grant program. The statute requires the board to adopt rules and policies, including standards for resilient roof systems and contractor training.

Timing and deadlines

The law says that, no sooner than January 1, 2027, and after the commissioner adopts rules, insurers must submit annual filings that include the number of homes with resilient roof systems and the discount applied to homes because of them. The grant program itself is created by the 2026 law, but the public summary page does not list an application launch date.