Policy Impact Analysis - 117/HR/5673

Bill Overview

Title: Safeguarding Tomorrow through Ongoing Risk Mitigation Technical Corrections Act

Description: This bill revises provisions related to the hazard mitigation revolving loan fund program, including by requiring capitalization grant recipients to carry out the latest two published editions of relevant building codes, specifications, and standards.

Sponsors: Rep. Titus, Dina [D-NV-1]

Target Audience

Population: People involved in or benefiting from the improved hazard mitigation and construction practices

Estimated Size: 500000

Reasoning

Simulated Interviews

Building Inspector (Jacksonville, Florida)

Age: 45 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 10.0 years

Commonness: 15/20

Statement of Opinion:

  • This policy looks like it's about to up our game in mitigating hazards. Florida definitely needs it considering our weather.
  • I’m concerned about the initial workload it may cause, but the safety benefits in new building projects are worth it.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 6
Year 2 7 6
Year 3 7 6
Year 5 8 7
Year 10 8 6
Year 20 9 6

Civil Engineer (Dallas, Texas)

Age: 34 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 5.0 years

Commonness: 10/20

Statement of Opinion:

  • Having to work with the latest building standards will add upfront effort but it can mean more resilient constructions, which is fulfilling as an engineer.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 8 7
Year 3 8 7
Year 5 8 6
Year 10 7 6
Year 20 7 6

Construction Worker (Los Angeles, California)

Age: 29 | Gender: male

Wellbeing Before Policy: 5

Duration of Impact: 5.0 years

Commonness: 13/20

Statement of Opinion:

  • I'm open to updating systems, but it could potentially delay some projects.
  • Overall, if this makes my job more stable and secure, I'm for it.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 5
Year 2 6 5
Year 3 7 5
Year 5 7 6
Year 10 7 5
Year 20 7 5

City Planner (Miami, Florida)

Age: 52 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 10.0 years

Commonness: 8/20

Statement of Opinion:

  • These funds and understanding could make my job much easier, allowing a smoother handling of codes and standards.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 8 7
Year 3 8 7
Year 5 9 7
Year 10 8 6
Year 20 9 6

Architect (New Orleans, Louisiana)

Age: 40 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 5.0 years

Commonness: 12/20

Statement of Opinion:

  • The standards are something that should help us design better, lasting structures, with floods being so frequent nowadays.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 6
Year 2 7 6
Year 3 7 6
Year 5 8 6
Year 10 7 6
Year 20 6 5

Homeowner (San Francisco, California)

Age: 60 | Gender: female

Wellbeing Before Policy: 5

Duration of Impact: 20.0 years

Commonness: 18/20

Statement of Opinion:

  • I'm glad they're taking measures to ensure newer buildings are safer. I've seen what damage earthquakes can do.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 5
Year 2 5 5
Year 3 6 5
Year 5 6 5
Year 10 6 5
Year 20 7 5

Financial Analyst (Phoenix, Arizona)

Age: 31 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 5.0 years

Commonness: 9/20

Statement of Opinion:

  • Upgrading the infrastructure will possibly make for better investment opportunities, as older buildings tend to depreciate.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 6
Year 2 7 6
Year 3 7 6
Year 5 7 6
Year 10 6 5
Year 20 6 5

Contractor (Portland, Oregon)

Age: 50 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 5.0 years

Commonness: 11/20

Statement of Opinion:

  • It's time we kept up with the latest codes. Portland has been moving toward greener solutions and this might align perfectly.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 8 7
Year 3 8 7
Year 5 8 7
Year 10 7 6
Year 20 6 5

Government Official (New York, New York)

Age: 38 | Gender: other

Wellbeing Before Policy: 8

Duration of Impact: 10.0 years

Commonness: 5/20

Statement of Opinion:

  • Bringing newer codes into play will be a logistical challenge, but New York could set benchmarks in urban resilience through this.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 8
Year 2 9 8
Year 3 9 8
Year 5 9 8
Year 10 9 7
Year 20 8 7

Loan Officer (Houston, Texas)

Age: 46 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 5.0 years

Commonness: 17/20

Statement of Opinion:

  • These adjustments might mean more paperwork, but the overall clientele and loan security should benefit if buildings are worth more.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 7 7
Year 3 8 7
Year 5 8 7
Year 10 7 7
Year 20 7 6

Cost Estimates

Year 1: $370000000 (Low: $300000000, High: $450000000)

Year 2: $390000000 (Low: $320000000, High: $470000000)

Year 3: $410000000 (Low: $340000000, High: $490000000)

Year 5: $450000000 (Low: $370000000, High: $540000000)

Year 10: $510000000 (Low: $420000000, High: $610000000)

Year 100: $1000 (Low: $800, High: $1200)

Key Considerations