Waiving Matching Fund Requirements for Insular Areas

Harrison, Deidre (2023-06-02). Waiving Matching Fund Requirements for Insular Areas (PDF). Office of Management and Budget.

• Has attachment: File:7ZAIGP8A.pdf

Abstract: The purpose of this Controller Alert is to inform Federal agencies of the following legal requirement regarding waiver of local matching funds requirements for financial assistance to “insular areas.” Public Law 96-205, title VI, section 601, Mar. 12, 1980, as amended, requires agencies to waive any requirement for local matching funds under $200,000 for grants to four “insular areas” (the U.S. Virgin Islands, Guam, American Samoa, and the Commonwealth of the Northern Mariana Islands). For local matching funds $200,000 and greater, agencies may waive the matching requirement for these four “insular areas.” Federal agencies should work judiciously to ensure implementation of these provisions, absent an agency-specific statute that conflicts with these provisions. As such, agencies should conduct a statutory conflict analysis to determine if there are any authorizing statues that would preclude implementation of these provisions.