Flood Mitigation Assistance (FMA)
Forecasted
The Flood Mitigation Assistance grant funds research-based projects in New Mexico that reduce flood risks and promote climate resilience for NFIP-insured structures.
Funder: New Mexico Department of Homeland Security & Emergency Management
Due Dates (Anticipated): August 2027 (application deadline, projected)
Funding Amounts: Typically up to 75% federal share for most projects; up to 100% for Severe Repetitive Loss, 90% for Repetitive Loss; funding varies by cycle.
Summary: Supports projects in New Mexico that reduce flood risks for structures insured under the National Flood Insurance Program, emphasizing climate adaptation and resilience.
Description
The Flood Mitigation Assistance (FMA) grant, administered by the New Mexico Department of Homeland Security & Emergency Management (NMDHSEM), provides federal funding to reduce the risk of repeated flood damage to structures insured under the National Flood Insurance Program (NFIP). The program aims to address both acute and chronic flood risks that are intensifying due to climate change, supporting projects such as localized flood control, stormwater management, floodplain and stream restoration, and wetland creation. FMA prioritizes climate adaptation, resilience, and the long-term safety of New Mexico communities facing flood hazards.
