Fund Matching

fund matching

HGA has successfully provided grant funds matching services to multiple state and local jurisdictions using HUD Community Development Block Grant Disaster Recovery (CDBG-DR), FEMA Hazard Mitigation Assistance (HMA), FEMA Public Assistance (PA), Health Resources and Services Administration (HRSA), capital outlay, non-profit, and Federal Housing Administration (FHA) funds. By leveraging all available funding, we are able to lessen or eliminate the required cost shares for our clients and help them fund additional projects, allowing for a more comprehensive recovery.

HGA’s fund-matching expertise provides tangible results. For example, in helping to develop a state-level client’s FEMA HMGP Global Match strategy, HGA negotiated an agreement with FEMA that allowed additional HMGP match credit for acquisitions and buyouts that saved the state over $100 million in CDBG-DR funding, freeing up that funding for use on other recovery efforts. Additionally, HGA implemented a state client’s FEMA PA Match program, innovating the way CDBG-DR funds are used as the non-federal cost share for FEMA PA projects. Through this PA Match program, HGA saved the state millions of dollars in cost share, preserved project delivery funding, and increased production. At the local level, HGA helped to administer CDBG-DR funds for the cost share on an HMGP housing elevation program. This fund-matching effort resulted in eliminating out-of-pocket expenses for homeowners and the government agency and made it possible for more homeowners to participate in the program.

 

 

How can we help you? Learn more about the industries we serve as well as our other disaster recovery services, or contact us for more information.

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