Safeguarding Tomorrow RLF Program

Grant
  • Program Type
    Grant
  • Grant Award
    $50,000,000
  • Submission Deadline
    May 31, 2023
  • Supplemental Funding Available (Y/N)
    yes
  • Eligibilty Requirements (Y/N)
    Yes

The Federal Emergency Management Agency (FEMA) is launching the Safeguarding Tomorrow through Ongoing Risk Mitigation Revolving Loan Fund Program (hereafter referred to as Safeguarding Tomorrow or STORM RLF Program). Through STORM RLF, FEMA will award capitalization grants to states, the District of Columbia, Puerto Rico, and Indian Tribal Governments for them to establish hazard mitigation revolving loan funds. Loans from a revolving loan fund may then be made to local governments to carry out hazard mitigation projects that reduce disaster risks for homeowners, businesses, nonprofit organizations, and communities. Loans may also be provided to satisfy a local government’s non-federal cost-share match for FEMA Hazard Mitigation Assistance programs.

 

Guidelines

Guidelines for this funding are being developed to help participating and eligible entities be better positioned to increase climate resilience and recover from disasters more quickly. An Intended Use Plan is required for any participating entity receiving a capitalization grant for a revolving loan fund.

Future Phases

Check out an overview of each competition phase below - complete rules for each phase will be released as the competition progresses.

Documents

Let’s Get Started.

To apply or join the program, please submit an application.