Safeguarding tomorrow revolving loan fund program

Active Project Grant Awarded Last action

Award ID
EMW2024ST00011
Recipient
Awarding agency
Obligated
$15,000,000

Award facts

Assistance listing
97.139 Safeguarding Tomorrow Revolving Loan Fund Program
Completion date 12% complete
Place of performance
Trenton, NJ 08625, USA

Award details come from USAspending.gov.

About this award

FEMA awarded the New Jersey Department of Law & Public Safety $15 million on August 6, 2026, under the Safeguarding Tomorrow Revolving Loan Fund Program (CFDA 97.139) to establish a revolving loan fund providing hazard mitigation assistance to local governments to reduce disaster and natural hazard risks. The award obligates $15 million with a period of performance through August 5, 2028, and place of performance in Trenton, New Jersey. The Department of Law & Public Safety, operating as the Office of the Attorney General, receives this capitalization grant as the eligible entity managing the fund for distribution to local government borrowers. The revolving loan fund structure enables the recipient to deploy capital for hazard mitigation projects at the local level, with loan repayments cycling back into the fund to support additional mitigation assistance over the award period.

Quick answers

Who received award EMW2024ST00011?

EMW2024ST00011 was awarded to New Jersey Department Of Law & Public Safety by FEMA HQ Financial Assistance Awards (Federal Emergency Management Agency) on August 6, 2026.

How much is award EMW2024ST00011 worth?

$15,000,000 has been obligated on EMW2024ST00011.

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