Fiscal Year 2024 Flood Mitigation Assistance (FMA) Swift Current
FEMA's FMA Swift Current grant provides funds to states, tribes, and local governments to reduce flood risk and enhance community resilience after flood disasters.
Funder: Department of Homeland Security - FEMA
Due Dates: December 30, 2026
Funding Amounts: Up to $500 million total; individual awards generally up to $40 million; project period up to 36 months.
Summary: Supports states, territories, tribes, and local governments in reducing repetitive flood damage to NFIP-insured structures through targeted mitigation projects.
Key Information: Cost share required (generally 25%, with higher federal shares for certain property types).
Description
This opportunity provides substantial federal funding to states, U.S. territories, federally recognized tribal governments, and local governments for projects that reduce or eliminate repetitive flood damage to buildings and structures insured under the National Flood Insurance Program (NFIP). The program focuses on mitigation activities for properties that have experienced repetitive or severe flood losses or have been substantially damaged by recent flood events. Eligible activities include individual flood mitigation projects and project scoping, with the aim of supporting NFIP communities in reducing future flood risk and the financial exposure of the NFIP.
