FMA: The Flood Mitigation Assistance Program
Forecasted
The Flood Mitigation Assistance Program funds research-driven projects to reduce flood risk for Oklahoma communities, with a focus on NFIP-insured and high-risk properties.
Funder: Oklahoma Department of Emergency Management and Homeland Security
Due Dates (Anticipated): July 2027 (OEM subapplication) | August 2027 (FEMA application)
Funding Amounts: ~$600 million available nationally; typical subawards: up to $50M for flood risk reduction, up to $900k for project scoping, and up to $100k for planning; most projects require 25% local match, with 90–100% federal share for repetitive/severe repetitive loss properties.
Summary: Provides federal funding to Oklahoma communities for projects that reduce long-term flood risks to homes and infrastructure, prioritizing NFIP-insured properties.
Key Information: This is a forecasted grant—dates are projected; eligibility and documentation requirements are strict, and early coordination with OEM is essential.
Description
The Flood Mitigation Assistance (FMA) Program offers competitive federal funding to Oklahoma communities for projects that reduce or eliminate the risk of repetitive flood damage to buildings insured under the National Flood Insurance Program (NFIP). Administered by the Oklahoma Department of Emergency Management and Homeland Security (OEM), the program supports a range of activities—including flood-prone property buyouts, structure elevation, mitigation reconstruction, localized flood control projects, and hazard mitigation planning. The primary aim is to reduce future NFIP claims and enhance community resilience, with particular prioritization for properties with repetitive or severe repetitive loss histories.
