ADDED ON JUNE 22, 2026: FEMA has issued a funding opportunity to implement cost-effective measures that reduce natural hazard risk to people and property, and decrease reliance on federal funding for future natural disasters. $189 million is being made under this funding opportunity with average awards of $1.5 million. Proposals are due on July 22, 2026. To download the official synopsis, click here. To download the entire funding opportunity, click here.