S.374

Direct Property Acquisitions Act establishes a pilot program for local governments to directly apply for hazard mitigation assistance.

The Direct Property Acquisitions Act establishes a pilot program for local governments to directly apply for hazard mitigation assistance for property acquisition and structure demolition or relocation. The Federal Emergency Management Agency (FEMA) will select up to two local governments from each region to participate. Participation is limited to 48 months. The pilot program will terminate no later than 8 years after selection. FEMA must submit an annual report to Congress evaluating the program's effectiveness.