PART 304—CONSOLIDATED GRANTS TO INSULAR AREAS Authority: 50 U.S.C. app. 2251 et seq.; Source: 43 FR 39776, Sept. 7, 1978, unless otherwise noted. Redesignated at 44 FR 56173, Sept. 28, 1979. § 304.1 Purpose. The purpose of the regulations in this part is to prescribe the basis under which the Federal Emergency Management Agency (FEMA) contributes Federal funds to an insular area through a consolidated grant. § 304.2 Definitions. Except as otherwise stated when used in the regulations of this part, the meaning of the listed terms are as follows: (a) Insular areas. (b) Consolidated grant. (c) FEMA guidance material. [43 FR 39776, Sept. 7, 1978. Redesignated at 44 FR 56173, Sept. 28, 1979, as amended at 48 FR 44554, Sept. 29, 1983] § 304.3 Conditions for a consolidated grant. (a) In order to participate, an insular area must submit a (one-time) administrative plan as provided for in FEMA guidance material (to be maintained in current status) and must sign a (one-time) civil rights assurance and a (one-time) grant agreement agreeing to comply with Federal requirements. (b) An insular area need not submit an application for a consolidated grant, but must submit an annual program paper which meets the requirements prescribed in FEMA guidance material. (c) Funds made available under a consolidated grant must be expended for State and local management program expenses and/or State and local maintenance and services program expenses as defined and described in FEMA guidance material. Each participating insular area will determine the proportion in which funds granted to it will be allocated between the two programs. (d) Participating insular areas need not provide matching funds for consolidated grants. [43 FR 39776, Sept. 7, 1978. Redesignated at 44 FR 56173, Sept. 28, 1979, as amended at 50 FR 40007, Oct. 1, 1985] § 304.4 Allocations. For each Federal fiscal year concerned, the Administrator, FEMA, shall allocate to each participating insular area an amount not less than the sum of grants for the two programs which the Administrator, FEMA, has determined such insular area would otherwise be entitled to receive for such fiscal year. § 304.5 Audits and records. (a) Audits. (b) Records. [79 FR 76088, Dec. 19, 2014]