{"data":{"id":"us-co/c.r.s.-10-4-2004","jurisdiction":"us-co","citation":"C.R.S. § 10-4-2004","heading":"Strengthen Colorado homes enterprise grant program - application - eligibility criteria - award of grants - rules.","body":"(1) There is created in the enterprise the strengthen Colorado homes enterprise grant program to provide grants to Colorado homeowners to retrofit residential property to reduce insurer losses due to common perils, including hail and windstorms.\n\n(2) (a) Subject to available revenue in the fund, the board shall award grants, in accordance with this section, from the fund. The board may establish procedures and criteria for the award of grants if there is insufficient money in the fund to award grants to all eligible homeowner applicants.\n\n(b) The board may contract with a third-party vendor to administer the grant program.\n\n(3) In addition to any grant program criteria established by the board by rule, a homeowner awarded a grant shall, as applicable:\n\n(a) Have an insurable residential property located in Colorado that is covered by a homeowner's insurance policy;\n\n(b) Obtain all permits required by law for installation or retrofitting;\n\n(c) Comply with all applicable building codes;\n\n(d) Arrange and pay for inspections required by law and the terms of the grant program;\n\n(e) Construct a roof that meets resilient roof system standards; and\n\n(f) Select a contractor licensed in the state that:\n\n(I) Is a member of a professional association that promotes best practices and ethical behaviors in the roofing industry;\n\n(II) Attests that the contractor does not waive deductibles and agrees to repair, rather than replace, roofs when appropriate in accordance with rules adopted by the board; and\n\n(III) Meets any other criteria established by the board.\n\n(4) A contractor that is awarded bids and receives grant money from the grant program is prohibited from waiving homeowner's insurance deductibles.\n\n(5) The board may perform audits to verify:\n\n(a) The accuracy of the information included in an application; and\n\n(b) That the applicant meets all eligibility criteria.\n\n(6) A homeowner shall not use money that is awarded as a grant to pay for general roof maintenance or repair but may use grant program money in conjunction with repairs or reconstruction necessitated by damage from wind or hail or for proactive retrofitting necessitated by or designed to prevent such damage, consistent with standards adopted by the board pursuant to subsection (7) of this section.\n\n(7) (a) The board shall adopt rules for the administration and implementation of the grant program, including the standards for a resilient roof system, the criteria used to determine whether an applicant is eligible for a grant under this section, and the amount and timing of the grant award. In awarding grants, the board shall prioritize homes that are an applicant's primary residence. In establishing eligibility requirements for the grants, the board shall consider applicant income; whether an applicant lives in a location that, based on historical data, has a higher susceptibility to extreme weather events; the age of the roof; the size of the home; whether the home is located in a locality with hail-resistant building code requirements; the number of applicants for the grant program; and any other criteria the board determines is appropriate to meet the purpose of the enterprise and the money available for grants.\n\n(b) In establishing resilient roof system standards, the board may prioritize the use of materials that are impact-resistant and proven to offer superior protections against extreme weather events and may incentivize materials with reduced environmental impacts.\n\n(c) The board may also establish standards for contractor-specialized training in the installation of impact-resistant roofing systems.\n\n(8) In order to develop the necessary workforce for installing and certifying resilient roof systems, the board may also award grants to defray the costs to individuals for training and certification related to installing and certifying resilient roof systems; except that board rules must require that at least eighty-five percent of fee revenue is allocated to grants to Colorado homeowners to retrofit residential property to reduce insurer losses due to hail and windstorms.\n\n(9) Nothing in this section creates:\n\n(a) An entitlement for a homeowner to receive grant program money to inspect or retrofit residential property; or\n\n(b) An obligation for the state to appropriate money to inspect or retrofit residential property.","path":["Title INSURANCE - MUTUAL INSURANCE","Article 4 - Property and Casualty Insurance","Part 20 - STRENGTHEN COLORADO HOMES ENTERPRISE"],"source_url":"https://olls.info/crs/crs2026-title-10.htm","current_through":"Colorado Revised Statutes 2026","vintage":"","retrieved_at":"2026-09-14T18:37:45Z","sha256":"dc7175785bbd61d30fe3f0abe0603061755c393d090b41a518706b3b47164f3d","source_id":"us-co","stale":false,"prev":"us-co/c.r.s.-10-4-2003","next":"us-co/c.r.s.-10-4-2005"},"notice":"GroundRules: Original legal text. Not legal advice."}