The Federal Emergency Management Agency (FEMA) is offering the Fiscal Year 2024 Flood Mitigation Assistance (FMA) grant program, which provides $600 million in federal funding to reduce flood damage risk to National Flood Insurance Program (NFIP)-insured structures. The funding is broken down into $60 million for Capability and Capacity Building Activities, $420 million for Localized Flood Risk Reduction Projects, and $120 million for Individual Flood Mitigation Projects. Eligible applicants include states, U.S. territories, federally recognized tribal governments, and local governments. The program emphasizes climate adaptation, equity, and resilience, with special consideration given to disadvantaged communities. The application period opens on January 6, 2025, with a submission deadline of April 18, 2025 at 3:00 PM ET.
The FMA grant program offers various federal cost share options ranging from 75% to 100% depending on project type and social vulnerability factors. Projects must benefit NFIP-insured properties and participating communities. The period of performance is 36 months from the date of award, and applicants must register in SAM.gov, obtain a UEI number, and submit applications through the FEMA Grants Outcomes (GO) system.
Generated 2/15/25, 6:14 AM