FY24 Flood Mitigation Assistance Swift Current Amendment 2
Description
FMA Swift Current Grant Intent
The FMA grant program makes federal funds available to states, U.S. territories, federally recognized tribal governments, and local governments 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 purpose of FMA Swift Current is to reduce or eliminate the flood risk of repetitive flood damage to structures insured by the National Flood Insurance Program (NFIP) following a flood-related disaster event, and to enhance community flood resilience within NFIP-participating communities. Examples of some project types are project scoping, acquisition/demolition, elevation, mitigation reconstruction, and non-construction retrofitting.
All structures included in the project subapplications must be FMA or NFIP defined Severe Repetitive Loss, Repetitive Loss or Substantially Damaged. Subapplicants must participate in the National Flood Insurance Program (NFIP). They cannot be on probation or suspended.
For more information on the FMA Swift Current program, please visit: https://www.fema.gov/grants/mitigation/floods
Application Period
FY 2024 Full Application Deadline to VDEM: August 31, 2026 5:00 PM Eastern Time. This will give VDEM time to review all applications, request additional information, and submit all project sub-applications through the FEMA GO system by FEMA’s application deadline of October 30, 2026.
Eligible Project Types
- Project Scoping: Projects to define the technical approach, eligible costs, and expected flood risk reduction outcomes for individual flood mitigation projects — such as elevation, acquisition, or floodproofing — ensuring the proposed measure is feasible, cost-effective, and focused on reducing or eliminating flood claims against the National Flood Insurance Program (NFIP).
- Individual Flood Mitigation: Projects target specific NFIP-insured structures with a history of repetitive or severe repetitive flood damage, providing funding for a variety of property-level mitigation measures. Common project types include structure acquisition and demolition as well as structure elevation to raise buildings above the base flood elevation. Communities can also pursue dry floodproofing for historic structures, mitigation reconstruction to rebuild existing structures to current flood-resistant standards, and other structural retrofits designed to reduce a property’s vulnerability to flood damage.
Who can apply?
- Local governments, including cities, townships, counties, special district governments, and federally recognized tribes (who can choose to apply as an applicant or subapplicant) are subapplicants and must submit applications through their respective qualifying agency (VDEM).
- FOR HOMEOWNERS: Those who wish to apply for grant funding assistance for elevation, acquisition and demolition or relocation, or mitigation reconstruction of their home should contact their local government’s grants representative for information on how to participate. Individual property owners must apply through an eligible subapplicant to be considered for funding opportunities.
Additional Eligibility Criteria
- All subapplicants must be participating in the National Flood Insurance Program (NFIP), and not be withdrawn, on probation or suspended. Structures identified in the subapplication must have an NFIP policy in effect at the application start date and must maintain it through completion of the mitigation activity and for the life of the structure.
- Subapplicants must have a FEMA-approved Local or Tribal Hazard Mitigation Plan by the application deadline and at the time of obligation of grant funds for mitigation projects (with the exception of capability and capacity building activities’ mitigation plans).
Cost Share
- Project Scoping: 75% Federal, 25% Non-federal (local)
- Individual Flood Mitigation: 75% Federal, 25% Non-federal (local)
- FMA-defined Repetitive Loss (RL) properties are eligible for up to 90% federal cost share.
- FMA-defined Severe Repetitive Loss (SRL) properties are eligible for up to 100% federal cost share.
How To Apply?
All project pre-applications, applications, and supporting documentation must be submitted through VDEM’s grants management portal at https://vdem.emgrants.com. If you do not currently have an active account, you can register for a new account through this portal as well.
Application
After a pre-application is reviewed for eligibility and processed by VDEM, you will be prompted to complete a project application which will require detailed scope of work, project cost, and other pertinent information necessary to qualify for consideration by FEMA following submittal.
Grant Resources