Forget 2012; work on the funds already awarded. Port terminals risk losing their one last shot at millions in FEMA/DHS Port Security Grant Funds if they don’t act decisively before Sept. 2012. As of Jan. All of the $1 billion that is still sitting in the federal treasury has been dedicated to thousands of security projects and equipment approved at the highest levels as essential to protect ports against terrorist attacks from 2007, 2008, 2009 and 2010 Port Security Grants (PSG). DHS Secretary Janet Napolitano has ordered that by Sept.