[Code of Federal Regulations]
[Title 44, Volume 1]
[Revised as of October 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 44CFR78.13]

[Page 379]
 
              TITLE 44--EMERGENCY MANAGEMENT AND ASSISTANCE
 
 CHAPTER I--FEDERAL EMERGENCY MANAGEMENT AGENCY, DEPARTMENT OF HOMELAND 
                                SECURITY
 
PART 78--FLOOD MITIGATION ASSISTANCE--Table of Contents
 
Sec. 78.13  Grant administration.

    (a) FEMA may contribute up to 75 percent of the total eligible costs 
of each grant. At least 25 percent of the total eligible costs will be 
provided from a nonFederal source. Of this amount, not more than one 
half will be provided from in-kind contributions. Allowable costs will 
be governed by OMB Circular A-87 and 44 CFR part 13.
    (b) The grantee must submit performance and financial reports to 
FEMA and must ensure that all subgrantees are aware of their 
responsibilities under 44 CFR parts 13 and 14.
    (c) FEMA will recapture any funds provided to a State or a community 
under FMA and deposit the amounts in the National Flood Mitigation Fund 
if the applicant has not provided the appropriate matching funds, the 
approved project has not been completed within the timeframes specified 
in the grant agreement, or the completed project does not meet the 
criteria specified in the regulations in this part.