Fiscal Year 2023 Flood Mitigation Assistance (FMA) Swift Current aims to better align the delivery of FMA flood mitigation funding to the disaster survivor experience.

The purpose of FMA Swift Current is to reduce or eliminate the flood risk to NFIP-participating communities and repetitive flood

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damage to structures and buildings insured by the NFIP following a flood-related disaster event, and to enhance community flood resilience within NFIP-participating communities.

It does so by providing funding for mitigation opportunities immediately after a flood disaster event with the aim of delivering mitigation outcomes as quickly as possible.

Swift Current is a grant opportunity under the FMA grant program.

The FMA grant program makes federal funds available to states, U. S. territories, federally recognized Tribal governments, and local governments to reduce or eliminate the risk of repetitive flood damage to buildings and structures insured under the National Flood Insurance Program (NFIP), and within NFIP-participating communities.

It does so with a recognition of the growing flood hazards associated with climate change, and of the need for flood hazard risk mitigation activities that promote climate adaptation, equity, and resilience with respect to flooding.

These include both acute extreme weather events and chronic stressors which have been observed and are expected to increase in intensity and frequency in the future.

Projects or initiatives that are eligible for funding under this announcement may or may not involve Geospatial (GIS) issues.

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