FEMA Announces $400 Million Funding Opportunity to Empower American Communities to Reduce Flood Risk
Recipients can use this funding to better prepare for floods, the most common and costly natural disaster in the United States.
Flood Mitigation Assistance aims to reduce or eliminate the risk of repetitive damage to buildings and structures insured by the National Flood Insurance Program (NFIP). It is one of several FEMA mitigation grant programs that empower state, local, tribal and territorial governments to take proactive steps to protect their communities.
Projects eligible for funding include building acquisitions and elevations. Other eligible activities include community-wide projects like drainage improvements and stabilizing soil to eliminate or reduce flooding effects.
Properties eligible for funding must have a NFIP flood insurance policy.
FEMA will host a webinar on Nov. 4, from 2-3:30 p.m. ET, to assist with applications. To sign up, please visit the FEMA event page.