$160 Million Funding Available For Flood Mitigation Assistance

WASHINGTON, Aug. 7 -- The U.S. Department of Homeland Security's Federal Emergency Management Agency announced that it expects to award up to 200 discretionary grants for flood mitigation assistance.

The estimated total program funding available was cited as $160 million.

The funding is open to state governments; Native American tribal governments; District of Columbia; and U.S. territories.

The agency description of the grant states: "The Flood Mitigation Assistance (FMA) Program makes available Federal funds to State, Local and Tribal Governments to reduce or eliminate the risk of repetitive flood damage to buildings and structures insured under the National Flood Insurance Program (NFIP). In FY18, the FMA Program will prioritize proposals that address community flood risk by setting aside $70 million for this purpose.

FEMA will seek to fund two types of community flood mitigation activities - advance Assistance for flood mitigation design and development of community flood mitigation projects and mitigation projects that address community flood risk for the purpose of reducing NFIP flood claim payments. The remaining funding, at least $90,000,000, will be used for FMA technical assistance, mitigation planning, and mitigation projects reducing risk to severe repetitive loss (SRL) and repetitive loss (RL) properties."

The funding opportunity number is DHS-18-MT-029-000-99 (CFDA 97.029). It was posted on Aug. 3 with an application closing date of Jan. 31, 2019.

TARGETED NEWS SERVICE: Myron Struck, editor; 703/304-1897; [email protected]; https://targetednews.com