The Fiscal Year 2024 Flood Mitigation Assistance Swift Current is a grant program aimed at reducing or eliminating the risk of repetitive flood damage to buildings and structures insured under the National Flood Insurance Program (NFIP). The program provides funding for flood mitigation activities designed to reduce flood risk to NFIP policyholders. Eligible applicants include states, U.S. territories, federally recognized tribal governments, and local governments. The program encourages hazard mitigation planning and infrastructure projects with co-benefits that advance shared community outcomes.
Key aspects of the program include:
• Reducing or eliminating the risk of repetitive flood damage to NFIP-participating communities
• Providing funding for mitigation opportunities immediately after a flood disaster event
• Enhancing community flood resilience within NFIP-participating communities
• Promoting climate adaptation, equity, and resilience with respect to flooding
• Encouraging the adoption, enforcement, and application of modern building codes
• Supporting building codes in all areas of work to build a stronger, more resilient nation
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