SPRINGFIELD – The Federal Emergency Management Agency has announced the formation of the new Safeguarding Tomorrow Revolving Loan Fund Program to help with hazardous mitigation projects at the local level. While funding for this program has not yet been authorized for Illinois, the Illinois Emergency Management Agency needs to document program interest among area communities in order to be considered for the grant. The maximum grant amount that IEMA can receive is $5.1 million. Communities interested in the grant are encourage to visit the IEMA website for more details.
The deadline for local submissions of interest is April 10, 2023.
“We know many communities across the state need financing for projects that reduce disaster risks from storms, wildfires, flooding, earthquakes, shoreline erosion, land use planning changes, and other uses,” said IEMA Director Alicia Tate-Nadeau.
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