Grants directory
Louisiana Hazard Mitigation Revolving Loan Fund
Governor's Office of Homeland Security and Emergency Preparedness · State program
Loan fund; homeowner terms not stated on the public statute page
Louisiana law creates a revolving loan fund to help eligible recipients pay for projects that reduce disaster risk, including homeowners. The law says the fund is meant to lower losses from disasters and the cost of insurance, but the public page does not give current homeowner loan terms.
Program details
How it works
Louisiana Revised Statutes 29:726.7 establishes a Hazard Mitigation Revolving Loan Fund within the state treasury, to be administered by GOHSEP. The purpose is to provide assistance for projects that reduce disaster risks for homeowners, businesses, nonprofit organizations, and communities in order to decrease loss of life and property, the cost of insurance, and federal disaster payments.
What the money covers
The law says money in the fund may be used to provide financial assistance for uses authorized by the section or as permitted by federal law and grant agreements. The statute is broad and does not list a homeowner-specific menu of covered improvements on the public page.
Amounts and matching
The official statute page does not state current loan amounts, rates, matching requirements, or repayment terms for homeowners.
How to apply
The public law page does not provide a homeowner application process. It establishes the fund and authorizes GOHSEP to administer it.
Timing and deadlines
The page does not state whether the fund is currently lending, accepting applications, or waiting on program setup.
Full eligibility details
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