The STORM FORTIFIED and Wildfire Prepared Act authorizes $100 million annually from 2027 through 2036 to help homeowners make their homes more resistant to storms and wildfires through a federal revolving loan program administered by FEMA. States and local entities that establish these loan programs must contribute at least 35% in matching funds and will offer homeowners low-interest loans capped at 1% with repayment terms of 20 to 30 years depending on income level, covering costs for FORTIFIED roofs, FORTIFIED home upgrades, and wildfire-prepared home installations. The legislation includes strict oversight provisions requiring biennial audits of participating entities and regular federal reviews, with FEMA required to issue detailed guidance within six months on reporting requirements, loan forgiveness accounting, and targeting assistance to underserved communities. The law does not prevent FEMA from funding additional hazard mitigation projects beyond those specified in this legislation through other existing authorities.