8 | DISASTER RECOVERY TODAY
Mitigation Measures
Mitigation Measures
DISASTER RECOVERY TODAY | 9
The PDM program, authorized by Section 203 of the Stafford Act, provides congressionally directed federal funds to SLTT governments for cost-effective, sustainable measures that lessen future natural hazard risks to people and property while decreasing dependence on federal disaster relief funds. This program complements other FEMA grants by addressing increasing nationwide mitigation demands. FEMA can award revolving loan funds via capitalization grants to states, tribes, and territories, providing direct loans tailored to local governments’ mitigation needs and goals. The Safeguarding Tomorrow RLF program is authorized under the Safeguarding Tomorrow Through Ongoing Risk Mitigation (STORM) Act and prioritizes: • Empowering eligible entities with innovative funding solutions • Ensuring equitable investments and broadened access • Simplifying the grant application process • Providing maximum administrative flexibility Entities interested in applying must complete a capitalization grant application and develop an Intended Use Plan and local government project proposal list.
The Pre-Disaster Mitigation (PDM) program supports the reduction of natural hazard risks from future disasters
Mitigation measures are key to breaking the cycle of disaster damage and reconstruction.
The Safeguarding Tomorrow Revolving Loan Fund (RLF) Program provides capital to support local mitigation initiatives
Fiscal Year 2023 funding opportunities for the BRIC and Flood Mitigation Assistance Grant Programs total $1.8 billion.
The Flood Mitigation Assistance (FMA) program is a nationally competitive grant program that provides federal funding to SLTT governments to reduce or eliminate the risk of repetitive flood damage to structures insured under the National Flood Insurance Program (NFIP), prioritizing socially vulnerable communities. Annual FMA funds may be used for activities such as lifting, buying, or moving NFIP-insured structures. FEMA identifies recipients based on the applicant’s ranking, eligibility, and project cost-effectiveness. Eligible applicants receive financial assistance for: • Technical assistance • Capability and capacity building
• Flood mitigation projects • Management costs A sub-program of FMA, Swift Current Flood Mitigation Assistance funding aims to speed up the FMA funding award to reduce the damage-repair cycle of repetitively flooded or substantially damaged properties. Instead of annual grant cycles, Swift Current provides resiliency dollars for properties insured through the NFIP as quickly and equitably as possible after a flood disaster event. Projects eligible for this funding include property acquisition, demolition, elevation, and relocation. To be eligible, buildings must be insured through the National Flood Insurance Program.
The Flood Mitigation Assistance (FMA) program aims to reduce or eliminate flood risk to buildings and structures
The Safeguarding Tomorrow Through Ongoing Risk Mitigation (STORM) Act allows FEMA to award capitalization grants for eligible entities to make funding decisions and award loans directly to local communities.
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