Government Market News StaffStates and Tribal governments have until April 30, 2024, to apply for $40 million to help local governments implement hazard-mitigation measures to improve infrastructure resilience and reduce risks from natural disasters.
The Federal Emergency Management Agency (FEMA) is making the funds available through its Safeguarding Tomorrow through Ongoing Risk Mitigation (STORM) program. The Notice of Funding Opportunity (NOFO) is projected to fund approximately 30 projects.
States, territories and tribes that have received a major disaster declaration five years prior to the enactment of the STORM Act in 2021 are eligible to apply.
While specific eligible uses have yet to be announced, previous funds supported flood control measures, zoning and land-use planning to respond to climate changes, and the enforcement of resilient building codes.
In 2023, FEMA selected eight states to receive a total of $50 million in capitalization grants:
- Washington, D.C: $6.1 million.
- Louisiana: $6.9 million.
- Maryland: $6.6 million
- Michigan: $5.1 million
- New Jersey: $6.5 million
- New York: $6.2 million
- South Carolina: $6.5 million
- Virginia: $6.1 million.
