The Department of Housing and Urban Development (HUD) is seeking public input on how to better enhance the resilience of residential properties to natural hazards and extreme weather. Rising property insurance premiums and reductions in coverage are causing challenges for homeowners and housing providers, affecting affordability and availability of housing. HUD wants to develop policies that boost property resilience and ensure access to affordable insurance. The request for information focuses on potential financial savings, effective resilience measures, and specific challenges faced by different housing sectors and communities, including Tribal and manufactured housing.
Simple Explanation
HUD is asking people for ideas on how to make homes stronger against wild weather and disasters because insurance is getting more expensive and harder to get. They want to know the best ways to keep homes safe and how to make sure everyone can afford insurance.