Flood Mitigation Funding Opportunities

 

Flood Mitigation Funding Opportunities

 

New Hazard Mitigation Assistance (HMA) Information Available

Hazard  mitigation  projects  that  reduce  the  impacts  of  flood  and  drought  conditions  include  aquifer  storage  and  recovery  (ASR),  flood  diversion  and  storage  (FDS),  and  floodplain  and  stream  restoration  (FSR). The  links to documents  provide  more  detailed  information  on  these  projects,  the  information  needed  for  an HMA grant application,  potential resources,  and  examples.

 

NRCS Watershed Protection and Flood Prevention Program

A Guide to the Watershed Protection and Flood Prevention Program: How Your Community Can  Organize  a Watershed  Project provides details on technical and financial assistance through the NRCS.

 

State Flood Control Matching Grant Program

The  Flood  Control  Program  uses  state  bond  funds  as  grants  to  help  meet  cost share  match  requirements associated  with projects  funded  by  the  U.S.  Corps  of  Engineers,  the  Federal  Emergency  Management  Agency,  and the  Natural  Resources  Conservation  Service.

 

EGrants Guidance

This collection of Mitigation eGrants reference documents, which include  guides, frequently asked questions and job aids, will help MT eGrants users work through many system issues.

 

Examples of Local Projects

Whitley County Landslide Project:  This local success story describes the process of stabilizing a roadway along a steep hillside in rural Whitley County using hazard mitigation grant funding from FEMA and KYEM.

London Whitley Branch Drainage Success Story:  Learn how the City of London successfully utilized mitigation grant funding from FEMA and KYEM to mitigate flooding with an upgraded drainage system.

 

Open Space 

Flood-prone neighborhood is converted into a park

Shepherdsville, Kentucky

Shepherdsville, a small town in Kentucky, transformed a flood-prone neighborhood into a popular community park.  In 1997, backflow from the Ohio River left 90% of the town underwater and forced the evacuation of 1,000 people.  Afterward, the town secured FEMA grants to elevate homes south of the river and raze 20 damaged homes in a neighborhood on First Street.  The town converted the land left vacant by the demolition into a park with trails, softball fields and recreational equipment, providing the community with new green space as well as a floodwater buffer zone.

Benefits of Mitigation of the Shepherdsville projects

Economic benefits – $3.2 million Total monetized benefits

Return on investment – 144.5% Estimated return on investment

Benefit-cost ratio – 2.5 Benefit-cost ratio 

Source: White, Esther. Establishing Long-Term Cost Effectiveness of FEMA Buyouts: A Loss Avoidance Study of the Acquisition/Demolition of 22 Properties in Shepherdsville, Kentucky. University of Kentucky Martin School of Public Policy and Administration, 2011

Read more about the project: http://www.floodeconomics.com/communities/shepherdsville-ky/