The Federal Emergency Management Agency (FEMA) has released the fiscal year 2023 funding opportunity for the Flood Mitigation Assistance (FMA) grant program.

FMA is funded at $800M for this grant cycle

FMA grants provides states, U.S. territories, federally recognized tribal governments, and local agencies with funding to reduce or eliminate the risk of repetitive flood damage to buildings and structures insured under the National Flood Insurance Program (NFIP), and within NFIP-participating communities. The FMA program recognizes the growing hazards associated with climate change and supports natural hazard risk mitigation activities that promote climate adaptation and resilience with respect to those hazards.

Eligible FMA Applicants

• State & Local Governments
• Federally Recognized Tribal Governments
•  The District of Columbia
• U.S. Territories
  
  

Eligible FMA Activities

• Capability & Capacity Building – Activities that enhance the knowledge, skills, and expertise of the current workforce to expand or improve the administration of Flood Mitigation Assistance.
  
  
• Localized Flood Risk Reduction Projects – Projects that address localized flood risk for the purpose of reducing NFIP flood claim payment.
  
  
• Individual Flood Mitigation Projects – Projects that mitigate the risk of flooding to individual NFIP-insured structures and give priority to properties meeting Repetitive Loss and Severe Repetitive Loss definitions.

Applications must be submitted via Grants.gov by February 29, 2024