The financing side of mitigation matters just as much for clients who can’t get, or can’t afford, coverage. A tally compiled by the urban-policy nonprofit SPUR counts 16 bills introduced in Sacramento since 2023 to help homeowners pay for retrofits through tax credits, grants, loans, and underwriting incentives. Only two have become law. One is AB 1. The other, AB 888, created a dedicated grant program for retrofits, but independent bill-tracking confirms the state has only appropriated a $3 million proof-of-concept amount so far, with nothing yet flowing to individual homeowners. Brokers shouldn’t be telling clients a grant is available today. A separate wildfire-resilience loan program, SB 894, passed the Senate unanimously this year and remains alive, per SPUR, while a PACE-style proposal that would attach retrofit debt to property tax bills has drawn pushback over foreclosure risk for owners who fall behind.
