To make a mitigation project financially feasible, it is a useful strategy to combine funding from different sources.
- As a result of repeated flooding, the Emerald Coast Utilities Authority moved its wastewater treatment plant using financing from local grants, state funding, EPA state Revolving Funds, and FEMA Public Assistance Grants.
- FEMA grants require a 25 percent state/local cost share which can be satisfied by the revolved portion of EPA’s State Revolving Funds (EPA/FEMA Memorandum of Understanding) or HUD CDBG grants.
- Funding from FEMA Public Assistance and FEMA Hazard Mitigation Grants may be combined to fund projects. For example, Public Assistance funding can be used to mitigate utility pumps damaged during a flood disaster, while Hazard Mitigation Grant funds can be used to mitigate flooding to a key culvert threatened but not damaged during the same flood.