Notice: FEMA Announces a 90/10 Cost Share Adjustments
On March 15, President Biden signed “H.R. 2471, Consolidated Appropriations Act, 2022” into law, which granted a minimum 90% federal cost share for any emergency or major disaster declaration declared from or having an incident period beginning between, January 1, 2020 and December 31, 2021.
Specifically, the enacted law authorizes an increase to the standard 75% federal cost share to at least 90% for Public Assistance, the Hazard Mitigation Grant Program and specified Individual Assistance programs authorized under emergency and major disaster declarations.
The assistance authorized as part of H.R. 2471 is in addition to the President’s announcement on March 1, which extended the full federal cost share to 100% to support all eligible work under COVID-19 emergency and major disaster declarations through July 1, 2022.
From January 2020 through December 2021, FEMA responded to disasters that have impacted millions of Americans. This additional assistance will help communities across the country recover, building a stronger, more resilient nation.