Fiscal Year 2025 Safeguarding Tomorrow through Ongoing Risk Mitigation Revolving Loan Fund Program

The summary for the Fiscal Year 2025 Safeguarding Tomorrow through Ongoing Risk Mitigation Revolving Loan Fund Program grant is detailed below. This summary states who is eligible for the grant, how much grant money will be awarded, current and past deadlines, Catalog of Federal Domestic Assistance (CFDA) numbers, and a sampling of similar government grants. Verify the accuracy of the data FederalGrants.com provides by visiting the webpage noted in the Link to Full Announcement section or by contacting the appropriate person listed as the Grant Announcement Contact. If any section is incomplete, please visit the website for the Department of Homeland Security - FEMA, which is the U.S. government agency offering this grant.

Fiscal Year 2025 Safeguarding Tomorrow through Ongoing Risk Mitigation Revolving Loan Fund Program: The objective of the Safeguarding Tomorrow RLF program is to capitalize or recapitalize entity-established revolving loan funds that will provide low-interest loans to local governments most in need of financing assistance to complete hazard mitigation projects and activities. The program aims to reduce risks from natural hazards for homeowners, businesses, nonprofit organizations, and communities in order to decrease the loss of life and property, the cost of insurance, and federal disaster payments. FEMA's primary priority for the Safeguarding Tomorrow RLF program is to capitalize entity revolving loan funds that will provide local governments most in need of financing assistance with low-interest loans to finance hazard mitigation projects in their entirety, or the non-federal cost share requirement for other FEMA HMA or Stafford Act mitigation grants. Other priorities include collaborating with participating entities to understand programmatic capacity and capability needs; supporting community-driven decision-making; promoting equity in the distribution of loan funds; and supporting the delivery of innovative and transformational hazard mitigation projects addressing the priorities established in 42 U.S.C. § 5135(d)(3).Applicants can submit applications for this funding opportunity through FEMA Grants Outcomes (GO). Access the system at https://go.fema.gov/