Description
The Fiscal Year 2026 Flood Mitigation Assistance (FMA) grant provides up to $400 million in federal funding to states, territories, federally recognized tribal governments, and local governments to reduce repetitive flood damage to NFIP‑insured properties. Applicants must be NFIP participants and must submit a single application through a designated state/tribal agency. Funding supports three activity streams: (1) capability and capacity‑building, (2) localized flood‑risk reduction projects, and (3) individual flood‑mitigation projects. Cost‑share is generally 75 % federal/25 % non‑federal, with higher federal shares allowed for severe or repetitive loss properties. Awards are expected to be made to 40 recipients (≈ 725 sub‑awards) with a performance period of up to 36 months from award. Applicants must have active SAM.gov and Grants.gov registrations, a FEMA‑approved hazard‑mitigation plan, and must comply with numerous federal, state, and local regulations, including cost‑share, indirect‑cost, and procurement rules. • Eligibility: State, DC, U.S. territories, federally recognized tribal governments; sub‑applicants may include cities, counties, townships, special districts, etc. • Funding range: $20 M – $260 M for capability & localized projects, $120 M for individual projects. • Application deadline: 26 Feb 2027; start date: 22 Oct 2026. • Performance period: up to 36 months. • Required registrations: SAM.gov (UEI) and Grants.gov. • Cost‑share: up to 75 % federal, with up to 100 % federal for severe repetitive loss properties. • Management‑cost ceiling: 10 % of total award for recipient, 5 % for sub‑recipients (combined ≤ 15 %).