The funding is expected to significantly reduce risks from earthquakes, floods, and other disasters across the United States. Communities in 39 states and one Tribal Nation will benefit from infrastructure improvements, particularly in flood-prone areas. Nonprofits and higher education institutions will also receive support to develop regional and national earthquake mitigation strategies. By addressing these risks proactively, the grants aim to save lives, protect property, and reduce long-term disaster recovery costs. However, the competitive nature of the grants means not all applicants may receive funding.