The Federal Emergency Management Agency’s mission is to help people before, during and after disasters.
The grant program, under the auspices of FEMA, aims to provide capital for revolving loan funds. These funds are designated for loans to finance hazard mitigation projects that address risks from various natural disasters, including drought, intense heat, severe storms, wildfires, floods, earthquakes, and other such hazards. The primary goal is to increase resilience and reduce the potential harm through the construction or modification of both natural and built infrastructure. Eligible entities are encouraged to use these grants to establish and administer their own revolving loan funds to support local government projects focused on mitigating impacts of natural hazards.