Safeguarding tomorrow revolving loan fund program

FEMA awarded the Iowa Homeland Security and Emergency Management Department $17.391 million on August 4, 2026, under the Safeguarding Tomorrow Revolving Loan Fund Program (CFDA 97.139). The award funds establishment and capitalization of a revolving loan fund that provides hazard mitigation assistance to local governments across Iowa to reduce disaster and natural hazard risks. Iowa HSEMD operates as a state pass-through entity, distributing federal grant funding to eligible sub-recipients including local governments, counties, municipalities, and nonprofit organizations throughout the state. The funding is obligated through August 4, 2028. Place of performance is Clive, Iowa. Iowa HSEMD functions exclusively within the federal grant ecosystem, receiving direct awards from FEMA and other federal agencies and distributing sub-awards to local capacity holders. The revolving loan structure allows recipients to repay funds, replenishing capital for subsequent mitigation lending cycles and extending the reach of the capitalization grant over time.