RICHMOND, Va. (WFXR) – The Virginia Department of Conservation and Recreation announced the start of the first round of grant funds for the new Virginia Community Flood Preparedness Fund.
Over the course of the next 90 days, communities across Virginia will be able to apply for $18 million in grants to address problems of recurrent flooding, sea-level rise along the coast and extreme weather.
“Today, Virginia is taking an important step to combat flooding – the most common and costly natural hazard we face. The Community Flood Preparedness Fund will provide an estimated $75 million a year to improve the resilience of our Commonwealth, including targeted funding for Virginia’s most vulnerable and underserved communities.”Gov. Ralph Northam (D-VA)
During the 2020 legislative session, the General Assembly voted to establish the fund which is financed by the sale of carbon emission allowances under the Regional Greenhouse Gas Initiative, or RGGI, which Virginia joined earlier this year.
The Virginia Department of Conservation and Recreation (DCR), in cooperating with the Virginia Resources Authority, will administer the fund and grant program. DCR oversees the states floodplain management program.
Information about the fund, eligibility rules, application procedures and instructions are available in the fund’s grant manual which can be found by clicking here.
The manual underwent a public comment period earlier this spring. It builds on fund guidelines developed by DCR with public input last December.
Both documents prioritize projects that are in concert with local, state and federal floodplain management standards, local resilience plans and the Virginia Coastal Resilience Master Plan.