FEMA Adjusts Cost-Share for 2020 and 2021 Disasters
The Federal Emergency Management Agency (FEMA) recently announced that additional disaster funding is available to all states, tribal nations, and territories with presidential major disaster and emergency declarations issued in 2020 and 2021.
President Joseph R. Biden, Jr. signed into law the 2022 Consolidated Appropriations Act (H.R. 2471) last week, granting a minimum 90 percent federal cost share for any emergency or major disaster declaration declared occurring or having an incident period between January 1, 2020, and December 31, 2021. The enacted law authorizes an increase to the standard 75 percent federal cost share to at least 90 percent for Public Assistance, the Hazard Mitigation Grant Program, and specified Individual Assistance programs authorized under disaster declarations.
The assistance authorized under H.R. 2471 is in addition to President Biden’s March 1 announcement extending full federal cost share to 100 percent for all eligible work under the COVID-19 emergency and major disaster declarations through July 1, 2022.
Additional information is available here.