Grants / Department of Homeland Security / Department of Homeland Security - FEMA

DHS-24-STORM-139-00-01: Fiscal Year 2024 Safeguarding Tomorrow through Ongoing Risk Mitigation Revolving Loan Fund Program

Closed Closed May 30, 2024 Opportunity DHS-24-STORM-139-00-01 ☆ Save

This grant is closed. Who won this program's grants before is below, and similar open grants are at the end of the page. It is in our archive of Department of Homeland Security - FEMA notices from 2023.

• Award ceiling$150 million
• Award floor$5.1 million
• Total funding$500 million
• Expected awards10
• Cost sharingRequired
• Funding typeOther

Key dates

Who can apply

This opportunity was open to state and local governments and tribes.

• State governments
• Native American tribal governments (Federally recognized)
• Others (see text field entitled "Additional Information on Eligibility" for clarification)

Territories

More grants for state and local governments, tribes.

Is this a realistic fit?

• Past Safeguarding Tomorrow Revolving Loan Fund Program awards averaged $6.3 million; this notice allows up to $150 million per award.
• The notice requires cost sharing or matching funds, so you must contribute part of the project cost.

What the grant funds

Pursuant to 42 U.S.C. Section 5135, FEMA will provide grants to capitalize revolving loan funds which may be used to provide loans to finance various types of hazard mitigation projects to reduce risks from natural hazards and disasters. Through the Safeguarding Tomorrow through Ongoing Risk Mitigation Revolving Loan Fund (Safeguarding Tomorrow RLF)program, eligible entities (refer to Section C.1) will use these capitalization grants to establish a revolving loan fund (referred to herein as an entity loan fund) from which they will provide direct loans to local governments for projects and activities that mitigate the impacts of drought, intense heat, severe storms (including hurricanes, tornadoes, windstorms, cyclones, and severe winter storms), wildfires, floods, earthquakes, and other natural hazards. Eligible activities may include the construction or modification of natural or built infrastructure to increase resilience and reduce risk of harm. Entity loan funds will be programmatically and financially administered by the respective entity. FEMA will monitor the administration of the entity loan funds during the period of performance per the reporting requirements, and will continue to monitor administration of the entity loan funds after the capitalization grant closeout via biennial audits and post-closeout reporting. Under 42 U.S.C. ? 5135(h)(3)(C), FEMA may make recommendations for or require specific changes as needed to improve the effectiveness of the funds. Funding for the Safeguarding Tomorrow RLF program is limited. Pursuant to the Infrastructure Investment and Jobs Act, also more commonly known as the Bipartisan Infrastructure Law (BIL), FEMA must award funding through multiple Notices of Funding Opportunity over a 5-year period. The Safeguarding Tomorrow RLF program aligns with the goal of promoting resilience and adaptation in light of current risks, including those posed by climate change, and the 2020-2024 DHS Strategic Plan (https://www.dhs.gov/publication/department-homeland-securitys-strategic-plan-fiscal-years-2020-2024) through Goal 5: Strengthen Preparedness and Resilience. Specifically, Objective 5.1: Build a National Culture of Preparedness has several sub-objectives that the Safeguarding Tomorrow RLF program supports.

Category: Community Development, Natural Resources, Other.

Applying now

This notice no longer takes applications. Agencies often post the same opportunity again under a new number, so check the program's notices on Grants.gov and the similar open grants below.

The notice on Grants.gov keeps its full text and attachments, which is useful for planning a resubmission.