New Flood Mitigation Assistance Fiscal Year 2026 Funding Opportunity

The Oklahoma Department of Emergency Management has announced that the application period for FEMA's Flood Mitigation Assistance (FMA) Fiscal Year 2026 funding opportunity is now open for projects intended to reduce long-term flood risk. The FMA program provides federal funding for projects that protect homes, neighborhoods, and infrastructure from current and future flooding. The program focuses on buildings that are insured through the National Flood Insurance Program (NFIP) and supports solutions that prevent repeat flood damage.

The application period for FEMA's Flood Mitigation Assistance (FMA) Fiscal Year 2026 funding opportunity is now open for projects intended to reduce long-term flood risk. The FMA program provides federal funding for projects that protect homes, neighborhoods, and infrastructure from current and future flooding. The program focuses on buildings that are insured through the National Flood Insurance Program (NFIP) and supports solutions that prevent repeat flood damage.

OEM serves as the state applicant and works with local governments and Tribal Nations to develop projects, submit applications, and manage awarded grants.

FMA Program Details

For this grant cycle, $400 million is available nationwide, including funding for capability- and capacity-building activities, localized flood risk reduction projects, and individual flood mitigation projects. 

Deadline to submit a Notice of Intent (NOI) to OEM via EMGrants – December 14, 2026

Deadline to submit subapplications to OEM via FEMAGO - January 21, 2027

Eligible FMA Activities

FMA supports projects that reduce or eliminate flood risk. Common project types include:

Planning and project scopingBuying and removing flood prone structures (acquisition/demolition)Elevating homes above flood levels (structure elevation)Rebuilding structures to be more flood resilient (mitigation reconstruction)Dry flood proofing for eligible non-residential buildingsLocalized flood control projects such as stormwater improvements, upsized culverts, and new drainage structures

All properties benefiting from FMA funds must have an active NFIP flood insurance policy. Projects that meet Notice of Funding Opportunity (NOFO) definitions for Severe Repetitive Loss (SRL) and Repetitive Loss (RL) properties are eligible for 100% and 90% federal cost share, respectively. All other projects that benefit NFIP-insured properties are eligible for 75% federal cost share. The Oklahoma Water Resources Board (OWRB) can support communities in identifying SRL and RL properties.

Key Changes

There are a few critical updates from the previous Fiscal Year 2024 NOFO. Localized flood risk reduction project applications must meet a minimum threshold for active NFIP policy counts within the project benefiting area. The minimum threshold starts at 35 active NFIP policies for projects requesting up to $5 million in federal funding and increases for larger funding requests. Please note, this eligibility requirement is only for localized flood risk reduction project types. OEM and OWRB are available to assist you in identifying if your project meets the policy threshold.

Next Steps

Please review the FMA NOFO (link to OEM 2026 FMA page) and attend our webinar on November 16, 2026. If your community is interested in applying for FMA funds, OEM can provide support throughout the process based on your needs. If your community is interested, please submit an NOI through EMGrants no later than December 14, 2026.

As you complete the NOI in EMGrants and prepare to complete the application in FEMAGO upon NOI approval, we recommend keeping some things in mind:

Start coordination and conversations with stakeholders, jurisdictional leadership, and potential homeowners early to obtain project buy-in and approvals required by your organizationUse the NOFO to plan application documents and start compiling items as you canLocal jurisdictions can coordinate with the Oklahoma Water Resources Board (OWRB) and OEM to verify community NFIP standing, active policy counts in project footprints, and Severe Repetitive Loss (SRL) / Repetitive Loss (RL) designations.Start EARLY - do not wait until the last minute to start your application process and coordination with OEM. It is a time-intensive and sometimes complex process.OEM can provide technical assistance throughout the process based on your needs.

Please direct all questions to hm@oem.ok.gov.