File #: 16-5130    Version: 1 Name: Federal Emergency Management Agency
Type: Grant Award Status: Approved
File created: 8/30/2016 In control: Board of Commissioners
On agenda: 9/14/2016 Final action: 9/14/2016
Title: PROPOSED GRANT AWARD Department: Homeland Security & Emergency Management Grantee: Homeland Security & Emergency Management Grantor: Federal Emergency Management Agency Request: Authorization to accept grant Purpose: Flood mitigation assistance Grant Amount: $1,677,592.19 Grant Period: 5/29/2015 - 10/30/2018 Fiscal Impact: N/A Accounts: N/A Concurrences: The Budget Department has received all requisite documents and determined the fiscal impact on Cook County, if any. Summary: FEMA's Flood Mitigation Assistance (FMA) grant aims to reduce or eliminate claims under the National Flood Insurance Program (NFIP). FMA provides funding to states, territories, federally-recognized tribes and local communities for projects and planning that reduces or eliminates long-term risk of flood damage to structures insured under the NFIP. Specifically, with these grant funds, Cook County will acquire NFIP insured property with a high likelihood of flooding. FMA funding is also ...
Indexes: (Inactive) ERNEST BROWN, Executive Director, Department of Homeland Security and Emergency Management

title

PROPOSED GRANT AWARD

 

Department:  Homeland Security & Emergency Management

 

Grantee:  Homeland Security & Emergency Management

 

Grantor:  Federal Emergency Management Agency

 

Request:  Authorization to accept grant 

 

Purpose:  Flood mitigation assistance 

 

Grant Amount:  $1,677,592.19

 

Grant Period:  5/29/2015 - 10/30/2018

 

Fiscal Impact:  N/A

 

Accounts:  N/A

 

Concurrences:

The Budget Department has received all requisite documents and determined the fiscal impact on Cook County, if any.

 

Summary:  FEMA’s Flood Mitigation Assistance (FMA) grant aims to reduce or eliminate claims under the National Flood Insurance Program (NFIP). FMA provides funding to states, territories, federally-recognized tribes and local communities for projects and planning that reduces or eliminates long-term risk of flood damage to structures insured under the NFIP. Specifically, with these grant funds, Cook County will acquire NFIP insured property with a high likelihood of flooding. FMA funding is also available for management costs. Funding is appropriated by Congress annually.end