Small Flood Damage Reduction Projects (CAP Section 205)
| Jurisdiction: |
Federal
|
| Incentive Type: | Grant Program |
| Industries: |
Infrastructure, Technology
|
| Eligible Sector: |
Public
|
| Category: |
Financial Incentive
|
| Time Period: |
FY 2015
|
| Governing Body: | U.S. Army Corps of Engineers |
| What’s it worth?: | $10 million |
Small Flood Damage Reduction Projects (CAP Section 205) provides structural improvements to provide:
- Flood damage reduction features
– Levees
– Channels
– Dams
- Nonstructural alternatives
– Flood warning systems
– Raising
– Flood proofing
– Relocation
These projects are executed using a partnership with the U.S. Army Corps of Engineers and non-federal sponsors. Prioritized projects are those that have not previously been approved by Congress and are not part of a larger project.
Awarded funds are required to be matched up to 50% of project costs. Typical awards range from $50,000 and $8.5 million. Eligible participants include:
- Conservation Districts
- Local Governments
- Nonprofit Organizations
- State/Territorial Agencies
- Water and Wastewater Utilities
To apply for assistance eligible participants should submit a letter requesting assistance with a description of the location and problem. A sample letter can be found on the USACE website. The Corps does a preliminary analysis on received applications to identify eligibility and ensure the proposed project meets program requirements. Cost share requirements may be present for project that exceed $100,000. Upon approval the Corps and sponsor will develop an acceptable, cost effective design plan and start construction after the agreement has been signed and returned. An example of a request letter can be found on the website.
