Millions of residents in one state are being offered
a low-cost program to prepare for natural disasters.
For residents looking to protect their homes from earthquakes, the Capital Access Program
(CalCAP) Seismic Safety Financing Program offers low-cost loans to banks.
Residents do not receive a direct loan through the program.
In contrast, the program gives reimbursable money to banks so
That they can pass along low-interest rates to homeowners.
California homes with structural integrity issues in
Earthquake safety will benefit from the funds.
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