Fiscal Year 2025 Safeguarding Tomorrow through Ongoing Risk Mitigation Revolving Loan Fund Program

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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 to reduce risks from natural hazards for homeowners, businesses, nonprofit organizations, and communities in order to decrease the loss of life and property, the cost of insurance, and federal disaster payments. FEMA's primary priority for the Safeguarding Tomorrow RLF program is to capitalize entity 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 non-federal cost share requirement for other FEMA HMA or Stafford Act mitigation grants. Other priorities include collaborating with participating entities to understand programmatic capacity and capability needs; supporting community-driven decision-making; promoting equity in the distribution of loan funds; and supporting the delivery of innovative and transformational hazard mitigation projects addressing the priorities established in 42 U.S.C. § 5135(d)(3). Applicants can submit applications for this funding opportunity through FEMA Grants Outcomes (GO). Access the system at https://go.fema.gov/