Resource Details
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Safeguarding Tomorrow through Ongoing Risk Mitigation Revolving Loan Fund Program
The STORM Act authorizes FEMA to provide capitalization grants to states, eligible federally recognized tribes, territories and the District of Columbia to establish revolving loan funds that provide hazard mitigation assistance for local governments to reduce risks from natural hazards and disasters. These low interest loans will allow jurisdictions to reduce vulnerability to natural disasters, foster greater community resilience and reduce disaster suffering.
Eligibility
Eligible applicants include states, local governments, Federally recognized Tribes that received a major disaster declaration (currently, this includes 20 Tribes), Puerto Rico, the U.S. Virgin Islands, Guam, American Samoa, the Commonwealth of the Northern Mariana Islands, and the District of Columbia.
Department of Homeland Security
The Department of Homeland Security has a vital mission: to secure the nation from the many threats we face.
Contact
(800) 368-6498
Related Resources
Small Business Legal Clinic
State Bar of Wisconsin- Business Law
Other
The Small Business Assistance Program is a free legal support initiative by the State Bar of Wisconsin’s Business Law Section. It connects small business owners with volunteer attorneys for brief, non-litigation legal advice on common business issues.
