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1 1 (March 23, 2022)

handle is hein.crs/govefmb0001 and id is 1 raw text is: s & Congressional ~ Research Service Recent Funding Increases for FEMA Hazard Mitigation Assistance Updated March 23, 2022 Introduction The Federal Emergency Management Agency (FEMA) announced that $3.46 billion in Hazard Mitigation Grant Program funding (HMGP) will be made available to states, territories, and tribes (STTs) with major disaster declarations for the COVID-19 pandemic. FEMA also announced increased funding for the Building Resilient Infrastructure and Communities (BRIC) program for FY2021. In addition, significant new mitigation funding will be available from FY2022 through the Infrastructure Investment and Jobs Act (ILIA). The Infrastructure Investment and Jobs Act The IIJA appropriated $3.5 billion for the Flood Mitigation Assistance Grant Program (FMA). This represents the first time that funding has been appropriated for FMA, which has previously been funded by NFIP policyholders. The IIJA appropriated $1 billion for BRIC and $500 million to establish state revolving loan funds for hazard mitigation, which were authorized by the STORM Act. The Hazard Mitigation Grant Program and the COVID-19 Disasters HMGP assistance is triggered by a major disaster declaration or a Fire Management Assistance Grant (FMAG) under the Stafford Act, awarded on a sliding scale as a percentage of the estimated amount of total federal assistance for the disaster. States with a FEMA-approved Enhanced Hazard Mitigation Plan before the disaster are eligible for HMGP funding of 20% of the total amount of disaster assistance. States, territories, and tribes (STTs) can use HMGP funding for mitigation projects for any type of natural hazard and for any eligible activity that reduces risk and builds resilience. HMGP funding does not have to be used for the particular incident or disaster type for which it was allocated. For example, funding Congressional Research Service https://crsreports.congress.gov IN11733 CRS INSIGHT Prepared for Members and Committees of Congress

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