Coastal Sector Funding Programs
This tab includes federal funding sources that have been used to support adaptation in the coastal sector and examples of how state and local governments are funding and financing coastal adaptation. This is not intended to be a list of available grants for adaptation.
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July 15, 2020
The New Jersey Blue Acres Buyout Program is a nationally recognized example of a longstanding, state-run buyout program. Blue Acres works closely with municipalities throughout the state to identify privately owned properties that are routinely threatened or flooded due to sea-level rise and more frequent weather events. The program works directly with local governments to prioritize comprehensive buyouts of affected neighborhoods, instead of individual properties, and restores and protects the properties to maximize the flood and cost-reduction benefits for communities and the environment. To accomplish effective state-local coordination, the program has a diversified staff that meets local needs including case workers who work directly with participants in each buyout area, and a financial team that negotiates mortgage forgiveness with banks and other financial lenders on behalf of homeowners. As climate change worsens and makes extreme weather events more common, other states and local governments may increasingly evaluate the potential for buyouts, particularly in coastal jurisdictions. Decisionmakers could consider institutionalizing buyouts as a part of comprehensive climate adaptation and coastal and floodplain management strategies to encourage neighborhoods to relocate to safer, higher ground areas and restore ecosystems to attain flood, natural resources, and other community benefits.
Resource Category: Solutions
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July 15, 2020
Harris County, Texas established a voluntary home buyout program through the regional government agency, the Harris County Flood Control District (HCFCD), that can serve as an example for other local jurisdictions considering retreat from coastal and riverine flood-prone areas. The buyout program is focused on risk reduction and flood mitigation best practices, where once bought out, properties are returned to open space uses to restore their natural beneficial flood retention functions. HCFCD has developed an effective communication and outreach strategy to educate the public and encourage program participation. Historically, properties have been acquired with grants from the Federal Emergency Management Agency’s Hazard Mitigation Assistance program, Department of Housing and Urban Development’s Community Development Block Grant program, and local funding from a dedicated ad valorem property tax (i.e., a tax based on a property’s assessed value). Other state, regional, and local jurisdictions considering managed retreat could implement a similar comprehensive buyout model that operates in both a pre- and post-disaster context to reduce flood risks and engages the community throughout the entire process. This case study is one of 17 case studies featured in a report written by the Georgetown Climate Center, Managing the Retreat from Rising Seas: Lessons and Tools from 17 Case Studies.
Resource Category: Solutions
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July 15, 2020
This report, produced by the Georgetown Climate Center, features 17 case studies about how states, local governments, and communities across the country are approaching questions about managed retreat. Together, the case studies highlight how different types of legal and policy tools are being considered and implemented across a range of jurisdictions — from urban, suburban, and rural to riverine and coastal — to help support new and ongoing discussions on the subject. These case studies are intended to provide transferable lessons and potential management practices for coastal state and local policymakers evaluating managed retreat as one part of a strategy to adapt to climate change on the coast. The case studies in this report were informed by policymakers, practitioners, and community members leading, engaging in, or participating in the work presented in this report. This report was written to support Georgetown Climate Center’s Managed Retreat Toolkit, which also includes additional case study examples and a deeper exploration of specific legal and policy tools for use by state and local decisionmakers, climate adaptation practitioners, and planners.
Authors or Affiliated Users: Katie Spidalieri , Isabelle Smith
Resource Category: Solutions
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April 22, 2020
In 2020, Virginia created the Virginia Community Flood Preparedness Fund (Virginia Code §§ 10. 1-603. 24 and 10. 1-603. 25). Through this law, the state established a low-interest revolving loan fund to help local governments and communities adapt to increasing coastal and inland flooding from multiple, different sources, including sea-level rise and precipitation. The purpose of the fund is to enhance the state’s overall coastal resilience by funding flood prevention and mitigation projects, prioritizing projects in low-income areas and that are designed with nature-based solutions.
Resource Category: Funding
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June 13, 2019
In June 2019, the State of Texas established the Texas Infrastructure Resiliency Fund (TIRF), a new special fund in the state treasury for the purpose of financing flood mitigation and protection projects and related planning efforts. The TIRF is administered by the Texas Water Development Board (TWDB) and includes four separate accounts: a Federal Matching Account, a Floodplain Management Account, a Flood Implementation Account, and a Hurricane Harvey Account.
Resource Category: Funding
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Administered by the California Department of Fish and Wildlife, this grant program offers funds for wetland restoration or enhancement projects that result in a net reduction in greenhouse gas (GHG) emissions. Wetland restoration is both a climate change mitigation and adaptation strategy. Wetlands sequester carbon at high rates, while providing protection from flooding, sea level rise, coastal storm surge, and coastal erosion, as well as offer drought mitigation through groundwater recharge.
Resource Category: Funding
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August 21, 2018
Massachusetts Governor Baker has authorized over $2. 4 billion in capital allocations for investments in adaptation to climate change, protecting environmental resources and green space across the state. H 4835 enables critical financing for the state and local level environmental and community resilience. The legislation expands and codifies commitments of Executive Order 569 to ensure climate change adaptation and resiliency continue to be prioritized, state agency climate change vulnerability assessments are ongoing, and the State Integrated Hazard Mitigation Plan and Climate Adaptation Plan are continuously updated and implemented.
Resource Category: Law and Governance
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August 15, 2018
In August 2018, Governor John Bel Edwards launched the Louisiana Watershed Initiative in response to historic flooding events in 2016 that revealed Louisiana's high susceptibility to flooding throughout the state. Louisiana has a devastating history of flooding, with the state experiencing 16 federally declared flood- and hurricane-related disasters in the past 20 years. The Watershed Initiative is a statewide effort to reduce flood risk and increase flood resilience in Louisiana through regional coordination of floodplain management.
Resource Category: Planning
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June 5, 2018
Proposition 68 is a $4 billion bond measure to protect California’s water, parks, and natural resources, while bolstering climate adaptation, resilience, and social equity statewide. This proposition allows the state to sell General Obligation bonds for various natural resources-related programs - including $443 million to be allocated for climate adaptation and resiliency projects throughout the state. California Senate Bill 5 (De León), “California Drought, Water, Parks, Climate Coastal Protection, and Outdoor Access for All Act of 2018” put this bond measure on the June 5, 2018 ballot.
Resource Category: Law and Governance
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2014 - 2018
The California Coastal Conservancy’s Climate Ready program focuses on reducing greenhouse gas emissions, protecting coastal resources, and preparing communities along the California coast and within the San Francisco Bay for the current and future impacts of climate change. Climate Ready grants fund nature-based solutions for climate adaptation. These grants also seek to support projects located in and benefiting disadvantaged communities. The Coastal Conservancy has $3. 8 million available for the 5th round of funding in 2018.
Resource Category: Funding
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