CHAPTER 407-E GRANITE STATE HOME MITIGATION AND RESILIENCY PROGRAM
Section 407-E:6
407-E:6 Availability and Use of Grants. –
I. Grants awarded under this chapter shall be used for projects that will enhance resiliency and risk mitigation to improve insurability in underwriting of residential real property against loss from severe weather events.
II. Grants shall be awarded on a first-come, first-served basis to real residential property owners who meet the eligibility requirements subject to the availability of funds. Eligibility does not create entitlement to receive grant funds or to a particular amount of grant funds.
III. Grants awarded under the granite state home mitigation and resiliency program shall be for a value of no more than $9,500 per New Hampshire residence, per year. No more than one grant shall be awarded for any single eligible residence within a 3-year period.
IV. The grant recipient is responsible for any local, state, or federal taxes the grant recipient may owe as a result of receiving grant money from the granite state home mitigation and resiliency program.