FEMA Announces $400 Million Funding Opportunity to Empower American Communities to Reduce Flood Risk

FEMA Announces $400 Million Funding Opportunity to Empower American Communities to Reduce Flood Risk WASHINGTON – Today, the Federal Emergency Management Agency (FEMA) announced a $400 million funding opportunity to empower American communities to reduce or eliminate flood risk. Recipients can use this funding to better prepare for floods, the most common and costly natural disaster in the United States. “Flooding can affect communities across the country with devastating consequences for people and property,” said FEMA Administrator Cameron Hamilton. “This flood mitigation funding o