FEMA Grant: Cut Flood Risk, Save Money!
Posted: June 20, 2008
Summary
If your property is repeatedly flooded and insured by the NFIP, this FEMA grant can help you fund projects to permanently reduce flood damage. Voluntary participation helps lower future insurance premiums.
Eligibility
Full Description
The SRL Program provides funding to reduce or eliminate the long-term risk of flood damage to severe repetitive loss structures insured under the National Flood Insurance Program (NFIP). Participation in this program is voluntary. However, the SRL program differs from FEMA’s other mitigation grant programs in that those property owners who decline offers of mitigation assistance will be subject to increases to their insurance premium rates. Interested Applicants should consult Section 1.3, Authorization and Appropriation, of the SRL Program Guidance.
Projects or initiatives that are eligible for funding under this announcement may or may not involve Geospatial (GIS) issues.