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FEMA manages several grant programs designed to fund local projects that will minimize loss of life and property damage.  PLEASE NOTE that the programs are highly competitive and that not all properties are appropriate candidates. For example, the State of Florida was allowed to submit only two grant applications for the Pre-Disaster Mitigation Program (PDM). These applications were put into a pool with those of the 49 other states and US territories for the limited $13,000,000+ available.

The most likely source of funding available following a FEMA-declared disaster is a no-interest loan from the Small Business Administration (SBA).

  1. Flood Mitigation Assistance
  2. Small Business Administration
  3. Hazard Mitigation 
  4. Pre-Disaster Mitigation

Flood Mitigation Assistance Program (FMA) https://www.fema.gov/flood-mitigation-assistance-program FMA is administered in the State of Florida by the Department of Community Affairs, Division of Emergency Management. Each year, FEMA provides funding to the State for projects, such as elevation of existing structures, for projects that reduce or eliminate the long-term risks of flood damage to buildings, homes and other structures insured under the NFIP.

FMA was designed to reduce or eliminate claims made under the NFIP; and to reduce or eliminate the number of repetitive loss structures in the State of Florida. The FMAP is a cost reimbursement program in which up to 75% of the eligible projects costs may be reimburse if your application is accepted and approved.

Most of the FEMA grants provide 75% of the cost of the covered elements of a project. As a rule, the owner is expected to fund the other 25%.

Each program has a different Congressional authorization and slightly different rules. For additional information please contact the Resident Information Center/Customer Service at (727) 847-2411.