Closed · DHS-23-STORM-139-00-01 · CFDA 97.139 · Discretionary
Fiscal Year 23 Safeguarding Tomorrow through Ongoing Risk Mitigation Revolving Loan Fund Program
Federal grant opportunity posted by Department of Homeland Security - FEMA, cataloged on Grants.gov.
- $5.1M-$50M
- Award range
- Closed
- Status
- May 28, 2023
- Close date
- 10
- Expected awards
The verdict
Fiscal Year 23 Safeguarding Tomorrow through Ongoing Risk Mitigation Revolving Loan Fund Program is a closed discretionary listing from Department of Homeland Security - FEMA that offered $5,100,000 -- $50,000,000 across 10 expected awards. Future funding cycles may be published under the same CFDA number.
- $5.1M-$50M
- award range
- Closed
- application status
- 10
- expected awards
- 97.139
- CFDA program
Opportunity snapshot. This Grants.gov announcement - Fiscal Year 23 Safeguarding Tomorrow through Ongoing Risk Mitigation Revolving Loan Fund Program - is cataloged under number DHS-23-STORM-139-00-01 and tied to CFDA assistance listing 97.139, posted by Department of Homeland Security - FEMA. Grants.gov currently shows the opportunity as closed, first posted on December 20, 2022 and last updated on April 28, 2023. The funding category is Discretionary, delivered as a grant.
Award economics. The award range on file is $5,100,000 -- $50,000,000. The agency has projected $50.0 million in total estimated funding for this announcement. It expects to issue 10 awards. If the agency funds the expected 10 awards from the $50.0 million estimated pool, the average award works out to roughly $5.0 million. Cost sharing or matching funds are required, meaning applicants must contribute a portion of the project budget from non-federal sources, factor this into your financial plan before drafting the proposal. Federal award ranges are often upper bounds; actual allocations reflect program appropriations, the strength of the applicant pool, and the evaluation committee's scoring.
Deadline and action path. This opportunity closed on May 28, 2023. Future funding cycles may be published under the same CFDA number, so monitoring the parent program page is the most reliable way to catch re-announcements. Every Grants.gov submission requires an active SAM.gov registration and a Unique Entity ID. Review the Eligibility section below carefully, federal eligibility categories (nonprofit, state or local government, tribal, individual, educational institution, small business) have distinct registration and reporting requirements. Pre-application outreach to the listed agency contact is permitted and often welcomed, it helps clarify scope and scoring priorities. Before acting on the deadline or award figures above, verify them directly on the official Grants.gov listing, amendments can change dates and amounts after this page was last refreshed.
Award Range
$5,100,000 -- $50,000,000
Close Date
May 28, 2023
Application period closes April 28, 2023 at 3:00 pm. Open after that time for applicants with approved time extension only.
Posted
December 20, 2022
Est. Total Funding
$50,000,000
Expected Awards
10
Instrument
Grant
Cost Sharing
Required
Description
The STORM Act is an amendment to the Robert T. Stafford Disaster Relief and Emergency Assistance Act to allow the Administrator of the Federal Emergency Management Agency to provide capitalization grants to States or Indian tribal governments to establish revolving loan funds to provide hazard mitigation assistance to local governments to reduce risks from disasters and natural hazards, and other related environmental harm. PUBL284.PS. The Administrator may enter into agreements with eligible entities to make capitalization grants to such entities for the establishment of hazard mitigation revolving loan funds (referred to in this section as \'entity loan funds\') for providing funding assistance to local governments to carry out eligible projects under this section to reduce disaster risks for homeowners, businesses, nonprofit organizations, and communities in order to decrease -- (A) the loss of life and property. ``(B) the cost of insurance; and ``(C) Federal disaster payments. Entity loan funds shall -- ``(A) be administered by the agency responsible for emergency management; and ``(B) include only -- ``(i) funds provided by a capitalization grant under this section. ``(ii) repayments of loans under this section to the entity loan fund; and ``(iii) interest earned on amounts in the entity loan fund.
Eligibility
Grants.gov lists this opportunity under eligibility category codes 00, 07, 25. These codes correspond to applicant types (state/local government, tribal organization, nonprofit, educational institution, individual, small business, etc.) defined in Grants.gov's own eligibility reference. See the current Grants.gov eligibility categories or check the official listing below for this opportunity's exact eligibility statement.
Official Listing on Grants.gov
View full details, application forms, and submission instructions.
Agency Contact
Centralized Scheduling and Information Desk (CSID) Phone: (800) 368-6498 E-mail: askcsid@fema.dhs.gov
Key Dates
Frequently Asked Questions
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Disclaimer: This information is sourced from Grants.gov and SAM.gov and is for informational purposes only. Opportunity details, deadlines, and eligibility requirements change frequently. Always verify current information directly on Grants.gov before applying. PlainGrants is not affiliated with any federal agency.
Read our methodology - how this data is sourced, computed, and verified.
Related
| Publisher | PlainGrants |
| Sources | the SAM.gov Assistance Listings and Grants.gov |