Get Flood Mitigation Funds for Your Business

Summary

NFIP-participating communities and local governments can access funds to reduce flood risk to buildings and structures after a disaster. This funding helps enhance community resilience and mitigate damage from future flood events.

Eligibility

Flood Mitigation Disaster Recovery Community Resilience Government Funding

Full Description

Fiscal Year 2024 Flood Mitigation Assistance (FMA) Swift Current aims to better align the delivery of FMA flood mitigation funding to the disaster survivor experience. The purpose of FMA Swift Current is to reduce or eliminate the flood risk to NFIP-participating communities and repetitive flood damage to structures and buildings insured by the NFIP following a flood-related disaster event, and to enhance community flood resilience within NFIP-participating communities. It does so by providing funding for mitigation opportunities immediately after a flood disaster event with the aim of delivering mitigation outcomes. Swift Current is a grant opportunity under the FMA grant program.

The FMA grant program makes federal funds available to states, U.S. territories, federally recognized tribal governments, and local governments to reduce or eliminate the risk of repetitive flood damage to buildings and structures insured under the National Flood Insurance Program (NFIP), and within NFIP-participating communities. These include both acute extreme weather events and chronic stressors which have been observed and are expected to increase in intensity and frequency in the future.Applicants can submit applications for this funding opportunity through FEMA Grants Outcomes (GO). Access the system at https://go.fema.gov/.