Fiscal Year 2023 Flood Mitigation Assistance Swift Current (FMA Swift Current)

The Fiscal Year 2023 Flood Mitigation Assistance Swift Current (FMA Swift Current) is a grant opportunity powered by the Flood Mitigation Assistance grant program. This initiative is designed to expedite the flow of flood mitigation funding in an effort to improve the experience of disaster survivors.

FMA Swift Current focuses on reducing or altogether eliminating the flood risk to communities participating in the National Flood Insurance Program (NFIP). Likewise, it addresses the repetitive flood damage encountered by structures and buildings insured by the NFIP following flood-related disasters. By doing so, the initiative aims to foster enhanced community resilience against flooding incidents within NFIP-participating communities.

A significant aspect of FMA Swift Current is the immediate provision of funding for mitigation measures in the aftermath of a flood disaster. The primary goal of this quick response mechanism is to generate immediate and tangible mitigation outcomes.

The FMA Swift Current offer is part of the larger FMA grant program, designed to avail federal funds to states, U.S. territories, federally recognized Tribal governments, and local governments. This aids them to minimize or abolish the risk of repetitive flood damage to NFIP-insured buildings and structures and within NFIP-associated communities.

The FMA grant program acknowledges the increasing flood threats linked to climate change and the necessity for flood hazard risk mitigation maneuvers that encourage climate adaptation, equity, and resilience against flooding. This translates to recognition and response to both isolated extreme weather events and ongoing stressors, which are projected to amplify in both intensity and frequency in the future.

Funding under this announcement can be allocated to a diverse range of projects or initiatives, regardless of whether they associate with Geospatial (GIS) issues.