The National Flood Mitigation Infrastructure Program (NFMIP) was established under the Emergency Response Fund and will deliver $100 million across 2020-21 and 2021-22 to state and territory governments for the construction or improvement of flood mitigation infrastructure.
Flood mitigation infrastructure is an essential public asset, as defined in the Disaster Recovery Funding Arrangements 2018, with the primary purpose of reducing the risk of flood to, and/or impact of flooding on, a community or communities.
NFMIP contributes to a more disaster resilient and prepared Australia by providing funding for essential public assets that will:
- reduce the impacts of floods on Australian communities
- contribute to reducing eligible expenditure under the Disaster Recovery Funding Arrangements
- encourage positive change in the insurability of infrastructure
- address relevant household or local government insurance affordability