fromwww.mercurynews.com
1 day agoBracing for the next big earthquake, San Jose plans to test out seismic retrofit financing program
The city passed legislation nearly 18 months ago requiring property owners to retrofit their multi-story, wooden-frame buildings with at least three units constructed before 1990. It delayed implementation, however, when the federal government rolled back significant funding to facilitate the repairs. But after a court-granted injunction required the release of some of those federal funds, the city approved a $1.6 million pilot financing program in hopes of rolling out a larger critical life-safety initiative in the future.
Real estate

