- (1) Application. In response to the Agency’s Request for Applications, Applicants shall submit an application on forms furnished by the Agency. Applicants shall list all possible Cost Share Loans with their application.
- (2) Revenue Source. Applicants must designate a specific revenue source to repay the Loan.
- (3) Approved Local Hazard Mitigation Plan. Applicants shall have a current Local Hazard Mitigation Plan that is approved by FEMA.
- (4) Projects. Applicants shall submit a Project that addresses Hazard Mitigation for one or more natural Hazards and Risks identified in the current State Hazard Mitigation Plan or any current Local Hazard Mitigation Plan.
- (5) Budget. Applicants shall submit a proposed budget amount that is less than the amount of funds available in the Fund and does not exceed the maximum award set in the STORM Act.
Authority: T.C.A. §§ 4-5-201, et seq.; 58-2-103, et seq.; and 58-2-905. Administrative History: New rules filed October 30, 2025; effective January 28, 2026.