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Are homeowners in Tornado and Hurricane prone areas being encouraged to build storm shelters?

April 26, 2017areas build encouraged homeowners Hurricane prone shelters storm tornado

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Are homeowners in Tornado and Hurricane prone areas being encouraged to build storm shelters?

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Yes. A large number of states and counties are encouraging their residents to build storm shelters 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, no tax credits or cash rebates are offered to businesses at this time.