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SECTION II – Procedures for Review and Approval <br />Impoundments qualifying for FMDAMFDA Funds are required to provide submittals at three phases during the <br />development of the proposed impoundment. The proposed impoundment will be reviewed and funding <br />determinations will be made at each Submittal Phase. Each submittal and the general activities are listed below. <br />Eligible activities are defined in greater detail in the following sections. <br />• Phase I Submittal – Preliminary Design <br />• Phase II Submittal – Land Acquisition and Final Design <br />• Phase III Submittal – Construction <br />Each submittal will be used to reaffirm FMDAMFDA Funding commitment to the proposed impoundment. <br />Information required of the applicant during each submittal phase will undergo technical review including, but not <br />limited to, an assessment of the following criteria: <br />• All eligibility requirements are fulfilled. <br />• Anticipated timeline for implementation. <br />• Potential adverse impacts. <br />• Flood damage reduction benefit downstream. <br />• Other funding sources. <br />• Technical modeling data to determine estimated FMDAMFDA funding. <br />Review of each phase of submittals will be used to provide a recommendation to the FMDAMFDA to approve or <br />disapprove a continued commitment to the proposed impoundment. Final determinations on FMDAMFDA funding <br />commitment to proposed impoundments will be made the FMDAMFDA during regularly scheduled meetings. <br />Applications must be submitted a minimum of 60 days prior to determination on FMDAMFDA commitment to the <br />proposed impoundment. <br /> 4 <br />MFDA_Funding_Policy_Final-R1_2015-1217.docx