POTENTIAL PROGRAM SOURCES OF FUNDING

POTENTIAL PROGRAM SOURCES OF FUNDING - HAZARD MITIGATION AND RECOVERY

"Hazard Mitigation Grant Program (HMGP) – The Federal Disaster Assistance Act (Stafford Act) provides funds authorized by the federal government and made available by FEMA for a cost-share program to states. The HMGP provides 75% of the funds while the states provide 25% of the funds for mitigation measures through the post-disaster planning process. The Division of Emergency Management administers the program in this state. The state share may be met with cash or in-kind services. The program is available only for areas affected by a Presidentially-declared disaster.
"Use of General Revenue Funds from local budget" Approval of funding from the general budget of the county.
"Disaster Preparedness Improvement Grant (DPIG) - This grant provides federal matching funds for communities to develop hazard mitigation plans, expand existing plans, update disaster preparation plans, and to prepare the administrative plans required to qualify for Hazard Mitigation Grant Program grants. Funds for the DPIG are provided by FEMA and the Division of Emergency Management administers the program in each state.
"Flood Mitigation Assistance Program (FMAP) – This program provides grants for cost-effective measures to reduce or eliminate the long-term risk of flood damage to the built environment and real property. The program’s main goal is to reduce repetitive losses to the National Flood Insurance Program. The FMAP is available to eligible communities every year, not just after a Presidentially declared disaster. Funds for the FMAP are provided by FEMA and the Division of Emergency Management administers the program in each state.
"Public Assistance Program (PA) - The Public Assistance provides federal aid to communities to help save lives and property in the immediate aftermath of a disaster and to help rebuild damaged facilities. Grants cover eligible costs associated with the repair, replacement, and restoration of facilities owned by state or local governments and nonprofit organizations. The Public Assistance program is administered by FEMA.
"Small Business Administration Disaster Assistance Program –This program provides loans to businesses affected by Presidentially declared disasters. The program provides direct loans to businesses to repair or replace uninsured disaster damages to property owned by the business, including real estate, machinery and equipment, inventory and supplies. Businesses of any size are eligible. Nonprofit organizations are also eligible. The SBA administers the Disaster Assistance Program.
"Community Development Block Grants (CDBG) - The CDBG program provides grants to entitlement communities (metropolitan cities and urban counties) for post-disaster hazard mitigation and recovery following a presidential declaration of a Major Disaster of Emergency. Funds can be used for activities such as acquisition, rehabilitation or reconstruction of damaged properties and facilities and redevelopment of disaster-affected areas. Funds may also be used for emergency response activities, such as debris clearance and demolition and extraordinary increases in the level of necessary public services. HUD provides funds for the CDBG and the Division of Community Assistance administers the program in each state.