July 2, 2025
FEMA Rolls Back BCA Rates for Mitigation Projects
By News Editor
The Benefit-Cost Analysis discount rate has been increased from 3.1% to 7% following recent action by the OMB.
May 9, 2024
FEMA Streamlines Benefit-Cost Analysis in Hazard Mitigation Grant Programs
By News Editor
FEMA reduces the discount rate from 7% to 3.1% to make it easier to demonstrate cost-effectiveness of hazard mitigation projects when completing a Benefit Cost Analysis.
October 14, 2022
FEMA Introduces Alternative Cost-Effectiveness Methodology for FY2022 BRIC and FMA
By News Editor
The change provides flexibility that should make it easier for disadvantaged communities to secure FY2022 hazard mitigation funding.
September 19, 2022
New Ecosystem Service Value Updates for BCA Toolkit
By News Editor
The report includes more detailed guidance on how to interpret and use the land cover categories in the context of a mitigation project BCA, including hypothetical project examples.