1. Regulations
  2. title 24
  3. part 5
  4. subpart A
  5. § 5.107

View all text of Subpart A [§ 5.100 - § 5.180]

§ 5.107 - Audit requirements for non-profit organizations.

Non-profit organizations subject to regulations in the part 200 and part 800 series of title 24 of the CFR shall comply with the audit requirements of 2 CFR part 200, subpart F. For HUD programs, a non-profit organization is the mortgagor or owner (as these terms are defined in the regulations in the part 200 and part 800 series) and not a related or affiliated organization or entity.

[62 FR 61617, Nov. 18, 1997, as amended at 80 FR 75934, Dec. 7, 2015]

AUTHORITY: 12 U.S.C. 1701x; 42 U.S.C. 1437a, 1437c, 1437f, 1437n, 3535(d); 42 U.S.C. 2000bb

SOURCE: 61 FR 5202, Feb. 9, 1996, unless otherwise noted.

CITE AS: 24 CFR 5.107