Priority Area: Housing & Climate Nexus
Barrier: Climate Resilience Housing

Challenge/Local/State

Description

State Solution
(Type of Activity: Policy/Regulation )

The state should partner with insurers and communities to proactively address resilience planning, affordability, and risk reduction in high-hazard areas, while also supporting communities in establishing governance structures that enable access to innovative insurance tools where conventional markets have failed. 

Existing Examples of Progress: The C-RISE parametric flood insurance pilot in Isleton demonstrated that a community governance structure can successfully administer innovative insurance to close the financial protection gap, producing a replicable toolkit with sustained administrative funding as the primary barrier to replication.
Region: San Francisco Bay Area, San Joaquin Valley

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