Financial Support


Information regarding obtaining financial support for purchasing storm shelters is available on the NSSA website “Financing and Rebate Options for Purchasing a Storm Shelter”, This NSSA page discusses credit union options, FHA financing, SBA disaster loans, and the FEMA Hazard Mitigation Grant Program (HMGP).

Hazard Mitigation Grant Program (HMGP) FAQs

Information on the FEMA Hazard Mitigation Grant Program (HMGP) may be obtained on line by searching the key words ( The HMGP is available to individuals and local entities through grants to state or local governments. The Hazard Mitigation Grant Program (HMGP) provides grants to States and local governments to implement long-term hazard mitigation measures after a major disaster declaration. The purpose of the HMGP is to reduce the loss of life and property due to natural disasters and to enable mitigation measures to be implemented during the immediate recovery from a disaster. The HMGP is authorized under Section 404 of the Robert T. Stafford Disaster Relief and Emergency Assistance Act. The Pre-Disaster Mitigation (PDM) program provides funds to states, territories, Indian tribal governments, communities, and universities for hazard mitigation planning and the implementation of mitigation projects prior to a disaster event. Funding these plans and projects reduces overall risks to the population and structures, while also reducing reliance on funding from actual disaster declarations. PDM grants are to be awarded on a competitive basis and without reference to state allocations, quotas, or other formula-based allocation of funds.
Hazard Mitigation Grant Program funding is only available to applicants that reside within a Presidentially declared disaster area. Eligible applicants are state and local governments, Indian tribes or other tribal organizations and certain non-profit organizations. Individual homeowners and businesses may not apply directly to the program; however a community may apply on their behalf.
Following a disaster declaration, the State will advertise that HMGP funding is available to fund mitigation projects in the State. Those interested in applying to the HMGP should contact their local government to begin the application process. Local governments should contact their State Hazard Mitigation Officer. Grants funded by FEMA require proof by the applicant that the elevation of the storm shelter floor is above the flood elevation. Determination of the flood elevation should be coordinated with the local authority having jurisdiction such as a building department or emergency management agency.

Homeowners that are selected and qualify for the rebate program are eligible for a rebate of 75% of the allowable costs that was used to install and construct their safe room, up to a maximum of $4,875. Read More here