California Bill Would Create Disaster Bridge Loan Program for Wildfire Survivors

A bill recently introduced in California, “Affordable Disaster Housing Revolving Development and Acquisition Program-AB 1945,” seeks to shorten the amount of time it takes for survivors of wildfire disasters to access long-term recovery assistance. California is dealing with the aftermath of a series of damaging fire seasons. The wildfires of 2017 and 2018 destroyed 28,000 homes across Northern California, and the 2018 Camp Fire – the deadliest fire in California history – devastated the entire town of Paradise, destroying nearly 14,000 homes and killing 85 people. California experienced its first “gigafire” in 2020, with more than 1 million acres burned, while 2021 saw the largest single-source wildfire in California history.

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