Financial Incentives for Seismic Rehabilitation of Hazardous Buildings-an Agenda for Action: Findings, Conclusions, and Recommendations
Identifies and describes in detail the existing and potential regulatory and financial mechanisms and incentives in the various levels of government that can reasonably be used in a course of action to lessen the risks posed by existing buildings in an earthquake.
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actions activities addition addressed adopted agency areas assistance assistance programs associations awareness benefits billion bonds bulldings California Chapter City concern conducted construction costs created damage Department disaster discussions districts Division earthquake Insurance economic effective efforts emergency management encourage enforcement establish existing buildings facilities federal FEMA financial Incentives findings funds grants guarantee hazard mitigation hazards hospitals housing identify improvements Industry Initiation Institute interest investment issue jurisdictions lead legislation lenders liability limited loan Loma loss materials measures mitigation Office organizations owners Phase planning potential private sector programs proposed recent recommendations reduced regulations rehabilitation response result retrofit risk managers safety schools seismic mitigation seismic strengthening Services South Carolina specific standards strengthening of existing structural technical types units Washington
Page 2 - The exercise of the powers granted by this act will be in all respects for the benefit of the people of the state, for the increase of their commerce and prosperity, and for the improvement of their health and living conditions, and...
Page 2 - The Authority may procure insurance against any loss in connection with its property and other assets (including mortgages), in such amounts, and from such insurers, as it deems desirable.
Page 4 - ... private firms, and other private institutions to encourage or subsidize a particular activity by conditioning the receipt of the assistance on a particular performance by the recipient. This does not include solicited contracts for the procurement of goods and services for the Federal Government.
Page 7 - Advisory Services and Counseling — Programs which provide Federal specialists to consult, advise, or counsel communities or individuals, to include conferences, workshops, or personal contacts. This may involve the use of published information, but only in a secondary capacity.
Page 4 - Formula Grants — Allocations of money to States or their subdivisions in accordance with a distribution formula prescribed by law or administrative regulation, for activities of a continuing nature not confined to a specific project.
Page 5 - Direct Loans — Financial assistance provided through the lending of Federal monies for a specific period of time, with a reasonable expectation of repayment. Such loans may or may not require the payment of interest.
Page 23 - State or local government shall agree that the natural hazards in the areas in which the proceeds of the grants or loans are to be used shall be evaluated...
Page 4 - The funding, for fixed or known periods, of specific projects or the delivery of specific services or products without liability for damages for failure to perform. Project grants include fellowships, scholarships, research grants, training grants, traineeships, experimental and demonstration grants, evaluation grants, planning grants, technical assistance grants, survey grants, construction grants, and unsolicited contractual agreements.