FEMA’s STORM RLF capitalizes state- or tribal-run revolving loan funds that issue low-interest loans to local governments for hazard-mitigation projects (e.g., flood, wildfire, drought, seismic, and wind resilience), or to cover the non-federal match on other FEMA mitigation grants. Eligible applicants to FEMA are states and federally recognized tribes; local governments (including Los Angeles County and its cities) benefit as ultimate loan recipients once California capitalizes its fund. Typical activities include planning, design, and construction that reduce future disaster losses. Loans generally carry terms favorable to public entities and may support large, multi-year mitigation portfolios. The program is fully applicable to LA County via the State of California’s participation—county departments and municipalities can apply to the state’s RLF for eligible projects that align with local Hazard Mitigation Plans. Cost share applies at the federal-to-state award; loan terms and underwriting are set by the administering entity. This is not a grant directly to LA County from FEMA, but a financing tool that can unlock substantial mitigation work region-wide.