Grant Details

Safeguarding Tomorrow Through Ongoing Risk Mitigation Revolving Loan Fund Program - FY 2024

Agency: U.S. Department of Homeland Security
CFDA: 97.139
Federal FON: DHS-24-STORM-139-00-01
Office: Federal Emergency Management Agency (FEMA) Federal Insurance and Mitigation Administration Mitigation Division Policy, Tools and Training Branch
Multipart Grant: No
Next Due: 04/30/2024 (Multiple)
Solicitation Date: 12/19/2023
Match Required: Yes
Match Type: Unspecified
Actual Funds: $150,000,000 (Confirmed)
Award Range: $5,100,000 (Min)

The purpose of this program is to provide awards to capitalize revolving loan funds that may be used to provide loans to finance various types of hazard mitigation projects to reduce risks from natural hazards and disasters. Through this program, eligible entities will use these capitalization awards to establish a revolving 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, 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.

The funding agency's primary priority for this program is to capitalize multiple revolving loan funds that will provide local governments most in need of financing assistance with low-interest loans to finance hazard mitigation projects in their entirety, or the nonfederal cost share requirement for the funding agency's other Hazard Mitigation Assistance (HMA) programs. Other priorities include collaborating with participating entities to understand programmatic capacity and capability needs, promoting equity in the distribution of loan funds, and supporting the delivery of innovative and transformational hazard mitigation projects.

The performance measures of this program focus on evaluating the success of the entity loan funds in reaching local governments most in need of financing assistance, and the effectiveness of projects funded. Performance evaluation will support execution of the following objectives:

  • Fund administration: ensure program funds are administered efficiently, managed effectively, and maintained in perpetuity
  • Equitable distribution of financing: use program funds to reach local governments most in need of financing assistance, including low-income geographic areas and underserved communities
  • Effective project implementation: use program funds to reduce natural hazards risk and future losses

Loans to local governments must be made at an interest rate of no more than 1 percent. Loan repayments must commence no later than one year after project completion. All loans must be amortized no later than 20 years after the date of project completion, or 30 years for projects in low-income geographic areas. Loan recipients must establish dedicated sources of revenue for repayment. Refer to pages 25-27 of the NOFA file for additional details regarding eligible uses of loan funds to local governments, as well as additional regulations and stipulations that apply to such loans. 

Award recipients must ensure that that all projects are reviewed for impacts to the environment and historic properties (EHP).

Last Updated: February 02, 2024

Eligibility Notes:

Eligible applicants are:

  • Any state of the United States, including the District of Columbia, American Samoa, Guam, the Commonwealth of the Northern Mariana Islands, Puerto Rico, and the U.S. Virgin Islands
  • Tribal nations having received a direct major disaster declaration under the Robert T. Stafford Disaster Relief and Emergency Assistance Act, as listed on pages 1-2 of the FactSheet file

All applicants must:

  • Provide an intended use plan that has been published for review and comment prior to submitting an application
  • Provide a project proposal list, prior to submitting an application, that results from a public notice of no less than six weeks in length, inviting hazard mitigation project proposals from local governments
  • Have a state or tribal hazard mitigation plan approved by the funding agency by the application deadline and at the time of obligation of the award

Local governments are not eligible to apply directly to this program.

Previous award recipients include:

  • Michigan
  • New Jersey
  • New York
  • South Carolina
  • Virginia

Refer to the Award file for additional information on previous award recipients.

Eligible Applicants:
Native American Tribe
State Government
Application Notes:

Prior to submitting a full application, applicants must submit a mandatory initial application, which should be submitted at least seven days prior to the full application deadline.

Initial applications must be submitted online at

Initial applications must include:

  • SF 424
  • Certification form regarding lobbying

Applicants will be notified as to whether their eligibility applications have been approved and will be invited to submit full applications, which will be accepted beginning on February 1, 2024, and must be received by 5:00 p.m. ET on April 30, 2024.

Full applications must be submitted online at

Full applications must include:

  • SF 424A
  • SF 424B
  • SF LLL
  • Safeguarding Tomorrow revolving loan fund application
  • Hazard mitigation plan
  • Intended use plan
  • Project proposal list
  • Documentation that the intended use plan was provided for public comment and review

Applicants must provide access to their hazard mitigation plan in their application via a weblink. If the hazard mitigation plan is not publicly available online, applicants may contact to coordinate submission of their hazard mitigation plan.

The following are required in order to submit an application:

  • Unique Entity Identifier (UEI) number
  • SAM (System for Award Management) registration
  • SPOC (state Single Point of Contact) notification

Applicants may obtain a UEI number and verify or renew SAM registration status at Applicants in states participating in the SPOC program must contact the relevant SPOC listed in the SPOC file before applying.

Applications will be evaluated according to the programmatic criteria and financial integrity criteria detailed on pages 28-30 of the NOFA file.

Refer to the NOFA file for additional application information.

Match Required: Yes
Match Type: Unspecified
Actual Funds: $150,000,000 (Confirmed)
Award Range: $5,100,000 (Min)
Match Notes:

Once an applicant receives notification from the funding agency of a potential award, the applicant must confirm its intent to contribute at least 10 percent of the proposed award amount to the entity loan fund. If the applicant indicates it will contribute less than 10 percent of the proposed award amount, the funding agency will reduce the amount of the award to an amount that is ten times that of what the applicant proposes to contribute. Thereafter, on or before the date on which the award is received, the applicant must contribute to the entity loan fund an amount equal to at least 10 percent of the award amount.

The source of the entity contribution may include entity programs or budgets, private investment, or other available sources. Award recipients may not use contributions from potential loan recipients to source the entity contribution.

Funding Notes:

A total of $150 million is available through this program to support awards anticipated to be no less than $5.1 million.

The project period is 24 months from the date of award, unless an extension is approved by the funding agency. Extensions to the project period may be permitted, as detailed on page 44 of the NOFA file.

Within the project period, award recipients must establish the revolving loan fund and utilize the full federal and nonfederal share of funding made available to issue loans. Projects funded by the loans do not need to be completed within the 24-month project period. Loans do not need to be fully repaid during the 24-month project period.

Entity loan fund administration costs may not exceed $100,000 per year, 2 percent of the capitalization grants made in that fiscal year, or 1 percent of the value of the entity loan fund, whichever amount is greatest, plus the amount of any fees collected by the entity for administrative purposes.

An entity loan may not commit more than 5 percent of a capitalization grant for technical assistance to loan recipients. In cases where the $100,000 per year or 1 percent of the value of the entity loan fund limits are applied, technical assistance costs may not exceed 5 percent of the award, even if additional administrative funding is available. In cases where the 2 percent of the capitalization award limit is applied, technical assistance costs may not exceed available administrative funding and 2 percent of the award.

An entity loan fund may not commit more than 10 percent of a capitalization grant for loans to implement zoning and land use planning changes.

An entity loan fund may not commit more than 10 percent of a capitalization grant for loans to perform mitigation planning.

An entity loan fund may not provide a loan greater than $5 million to finance a single hazard mitigation project.

Award recipients may provide a loan to a local government for its nonfederal cost share requirement of a grant under one of the funding agency's hazard mitigation assistance (HMA) programs; however, award recipients may not provide a loan to a local government for the nonfederal cost share requirement for any other federal grants/cooperative agreements.

Funds may not be used for:

  • Lobbying
  • Intervention in federal regulatory or adjudicatory proceedings
  • Suing the federal government or any other government entity
  • Procuring or obtaining any equipment, system, or service that uses covered telecommunications equipment or services, as detailed on pages 23-24 of the NOFA file

For FY 2023, a total of $50 million was distributed via eight awards ranging from $5.1 million to $6,917,284 through this program. Refer to the Award file for details.


Primary Contact:

Program Staff

Equal Rights Contact:

Program Staff

Environmental Planning and Historic Preservation Contact:

Program Staff

Agency Address
U.S. Department of Homeland Security (DHS)
Federal Emergency Management Agency (FEMA)
P.O. Box 10055
Hyattsville, MD 20782-8055

Contact Notes:

Questions should be directed to the appropriate program contact. Questions may also be addressed to each applicant's regional funding agency office, as listed online at

Initial applications must be submitted online at

Full applications must be submitted online at

The agency address provided is for reference purposes only.

NOFA File: US17636_NOFA_FY2024.pdf (558.4 Kb)
Other Pre-Award File: US17636_FactSheet_FY2024.pdf (63.8 Kb)
Award File: US17636_Award_FY2024.pdf (123.3 Kb)
Application File: (1.2 Mb)
Federal Forms:
SF 424B (64.2 Kb)
SF 424A (131.6 Kb)
SPOC (195.6 Kb)
SF LLL (98.7 Kb)
File Notes:

The NOFA file contains the revised full solicitation for this program. The Application folder contains the required forms for submission. The FactSheet file contains general program information. The Award file contains information on previous award recipients. The required federal forms are attached. The SPOC file contains information on the state Single Point of Contact program. Additional program resources can be found online at

February 2, 2024
The required forms for submission have been released and appended to the Application folder as the Application, IUPTemplate, and ProjectProposalListTemplate files.

Grant Keywords
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Grant Categories
Community Development
Disaster Preparedness