Government Market News StaffThe National Oceanic and Atmospheric Administration NOAA is making more than $44 million available to coastal states and territories for investments in ecologically significant habitats.
The NOAA’s Office for Coastal Management has opened a Notice of Funding Opportunity (NOFO) of $44.6 million in competitive and non-competitive grants that will be awarded to an estimated 25 projects. The NOFO is scheduled to close Jan. 9, 2025.
The funds are available through the Coastal Zone Management Act, which established a national system of Coastal Zone Management Programs. These programs protect and restore coastal habitats from the effects of storms, flooding, inundation, erosion, tsunamis and rising sea and lake levels caused by climate change.
In fiscal year 2023, NOAA invested over $81 million to implement coastal management programs in 34 states and territories. Federal funding was matched by over $66 million from state, territorial and local governments and other partners.
