Fiscal Year 2025 Safeguarding Tomorrow through Ongoing Risk Mitigation Revolving Loan Fund Program
Department of Homeland Security ▸ Department of Homeland Security - FEMA
Description
- What it is: A FEMA program that provides money to start or add to revolving loan funds (RLFs). These funds then offer low‑interest loans to local governments for hazard mitigation.
- Purpose: Reduce risks from natural hazards and, in turn, lower loss of life and property, insurance costs, and federal disaster payments.
- Who gets the loans: Local governments most in need of financing assistance.
- What the loans can cover:
- The full cost of eligible hazard…
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 t…
Source
Grant ID
DHS-25-STORM-139-00-99
Funding Source
Department of Homeland Security ▸ Department of Homeland Security - FEMA
Key Dates
Opportunity Released
January 14, 2025
Eligibility
The following categories of applicants are invited to apply:
- Native American tribal governments (Federally recognized)
- State governments
Awards & Funding
Total Funding
$178.0M
Award Floor
$5.1M
Funding Amount
Discretionary