Are homeowners in Tornado and Hurricane prone areas being encouraged to build Storm Safe Rooms or Shelters?
Yes. A large number of states and counties are encouraging their residents to build Storm Safe Room or Shelter in their homes or businesses that meets FEMA’s specifications; some are offering tax credits and others or offering partial construction cash refunds to home owner’s who build storm shelters. An example: The County of Kauai, Hawaii offers home owner’s a perpetual $40,000.00 annual property tax credit that is transferable should the home be sold; the new buyer need only to re-apply for the tax credit. Unfortunately, there may not be any tax credits or cash rebates offered to businesses at this time.
