(Washington, D.C.) – The Federal Emergency Management Agency (FEMA) recently announced funding availability to mitigate the effects of last year’s devastating spring flooding in Montana.
The funding comes from the Infrastructure Investment and Jobs Act (IIJA), and will work to deliver critical resources for flood mitigation in Montana.
The Swift Current Initiative will provide flood mitigation assistance funding to properties insured under the National Flood Insurance Program (NFIP) that suffer severe flood damage, and is a new program stemming from the IIJA. The initiative makes flood mitigation assistance available as quickly and equitably as possible to reduce the damage-repair cycle of repetitively flooded and substantially damaged buildings insured under the NFIP.
