Fiscal Year 2024 Flood Mitigation Assistance
ID: 358015Type: Posted
Overview

Buyer

Department of Homeland Security - FEMA (DHS-DHS)

Award Range

$0 - $0

Eligible Applicants

Others

Funding Category

Other

Funding Instrument

Grant

Opportunity Category

Discretionary

Cost Sharing or Matching Requirement

Yes
Timeline
    Description

    The Department of Homeland Security, through FEMA, is offering the Fiscal Year 2024 Flood Mitigation Assistance (FMA) grant program, which aims to provide $600 million in federal funding to reduce repetitive flood damage to properties insured under the National Flood Insurance Program (NFIP). This program is designed for states, U.S. territories, federally recognized tribal governments, and local governments, with a focus on projects that enhance flood resilience and adapt to the impacts of climate change, including Capability and Capacity Building Activities, Localized Flood Risk Reduction Projects, and Individual Flood Mitigation Projects. The initiative emphasizes equitable outcomes, particularly for disadvantaged communities, in alignment with the Justice40 Initiative, reflecting a strategic federal response to increasing flood risks. Applications for this funding opportunity will open on January 6, 2025, and must be submitted by April 18, 2025; interested parties can contact the FEMA GO Help Desk at 1-877-585-3242 or via email at femago@fema.dhs.gov for further assistance.

    Point(s) of Contact
    Files
    Title
    Posted
    The Fiscal Year 2024 Flood Mitigation Assistance (FMA) Notice of Funding Opportunity (NOFO) by the Department of Homeland Security aims to provide $600 million in federal grants to reduce repetitive flood damage to properties insured under the National Flood Insurance Program (NFIP). Targeting states, U.S. territories, and federally recognized tribal governments, the program prioritizes projects that enhance flood resilience and adapt to climate change. Eligible project types include Capability and Capacity Building Activities, Localized Flood Risk Reduction Projects, and Individual Flood Mitigation Projects. The program encourages participation from disadvantaged communities through the Justice40 Initiative, seeking equitable outcomes. Applications open on January 6, 2025, and must be submitted by April 18, 2025. Federal support is available up to 100%, with no cap on Individual Flood Mitigation Projects. Essentially, this funding opportunity reflects a strategic federal response to increasing flood risks, promoting community preparedness and resilience against climate impacts.
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