The Hazard Mitigation Plan focuses on methods of mitigation that will reduce exposure and vulnerability to the hazards identified by the HAZNY plan. Hazard Mitigation Committee prepared the plan in response to the Disaster Mitigation Act of 2000 that required local governments to approved a Hazard Mitigation Plan in order to be eligible for the Hazard Mitigation Grant Program (HMGP). The President signed the Act (Public Law 106-390) into effect on October 10, 2000 to improve the planning process and set standards for mitigation throughout the nation. The act
requires a pre-disaster hazard mitigation plan to be eligible to access pre-disaster mitigation project funding and post-disaster Hazard Mitigation Grant Program (HMGP).
In August 2006, FEMA recommended some revisions to the plan and approved Croton's first draft, pending adoption by the Board of Trustees. The plan was offically adopted by the Board on October 3, 2006. It was submitted to FEMA for final approval.