AN ACT ESTABLISHING A PROGRAM OFFERING LOW-INTEREST LOANS TO HOMEOWNERS TO REPLACE SEPTIC SYSTEMS AND INSTALL FLOOD MITIGATION SYSTEMS.

HB 6118 establishes a state-administered program offering low-interest loans to homeowners for two specific purposes: replacing outdated septic systems and installing flood mitigation systems (like drainage) on residential properties. The program, to be run by the Department of Housing, directly affects residential property owners in areas where septic system failures or flooding pose risks. Key provisions include providing financial assistance through reduced-interest loans for these specific upgrades, aiming to improve sanitation and property resilience. The bill focuses on concrete infrastructure improvements without specifying eligibility criteria or funding limits.