Fiscal Year 2026 Flood Mitigation Assistance Swift Current

The Fiscal Year 2026 Flood Mitigation Assistance Swift Current program provides federal funds to states, U.S. territories, federally recognized tribal nations, and local governments to reduce or eliminate the risk of repetitive flood damage to buildings and structures insured under the National Flood Insurance Program. The program aims to better align flood mitigation funding with the needs of disaster survivors. Eligible applicants must have a FEMA-approved hazard mitigation plan and meet certain criteria, such as having at least $1 million in NFIP claims paid in the 12 months before the incident period start date of a disaster or emergency declaration. The program allows for individual flood mitigation projects, management costs, and certain other activities. The cost share for this program is generally 75% federal and 25% non-federal funding, but exceptions apply for certain properties. Key performance indicators include the number of NFIP-insured properties selected, the number of state, local, tribal, and territorial governments that participated in FEMA's pre-application support and outreach activities, and the timeliness of funding obligation following the disaster or emergency declaration. • Eligible applicants include states, U.S. territories, federally recognized tribal nations, and local governments. • Eligible projects include individual flood mitigation projects, management costs, and certain other activities. • The program aims to reduce flood risk to NFIP policyholders and enhance community flood resilience. • The cost share for this program is generally 75% federal and 25% non-federal funding, but exceptions apply for certain properties.