The Resilient Delta Fund

A new financing model to rebuild and construct homes to insurable, disaster-resilient standards

To create safer communities, most buildings need to exceed the minimum standards required by building codes. But building ‘above code’ is not typically covered by financing, including insurance.

The ‘resiliency delta’ is what we call the gap between code-built homes and what is needed to be resilient. To help homeowners overcome this ‘delta’, we launched the Resilient Delta Fund.

Focused initially in Los Angeles to help homeowners and builders rebuilding after the January 2025 wildfires, the Fund receives PRI capital, EQ2 capital, loan guarantees and grants. Funds are then made available to homeowners, either as grants from CBOs or loans from CDFIs, community banks and credit unions. Builders can also receive loans. 

In Los Angeles, these loans and grants are being used to rebuild homes ‘above code’, specifically to meet the Wildfire Prepared standards created by the Insurance Institute for Building and Home Safety (IBHS). Applying these standards across the 12,000 homes that need rebuilding and remain under risk of wildfire requires about $200 million but will save $40 billion by preventing future losses – a 200 to 1 preventive investment.

We are actively recruiting more investors and lenders to participate in the Fund.

The Resilient Delta Fund serves as a catalytic, first-loss fund. Loans to homeowners and builders are typically 5 to 20 years, with interest rates determined by the lenders. Loans can be secured within a first or second mortgage, provided as a home equity line of credit (HELOC), or even as an unsecured personal loan. The model has a measurable return on investment for lenders, insurers, homeowners, and communities. 

To explore how to participate in the Resilient Delta Fund, get in touch.