24 C.F.R. § 891.515
§ 891.515 Audit requirements. (24 CFR Part 891)
Operative Text
Nonprofits receiving assistance under this part are subject to the audit requirements in 2 CFR part 200, subpart F.
Section 891.515 establishes that nonprofit organizations receiving federal housing assistance under 24 CFR Part 891 must comply with the audit requirements set out in 2 CFR Part 200, Subpart F, commonly known as the Uniform Guidance audit standards. These standards generally require covered entities to undergo independent audits when federal expenditures exceed certain thresholds. The provision ties financial accountability obligations directly to the receipt of this category of federal assistance.
Plain English — not legal advice.
Nonprofit owners and operators receiving assistance under 24 CFR Part 891 should maintain financial records and internal controls consistent with the audit standards referenced in § 891.515, specifically those found in 2 CFR Part 200, Subpart F. Compliant organizations typically track federal expenditures carefully to determine whether a single audit or program-specific audit is required in a given fiscal year. Engaging a qualified independent auditor familiar with federal Uniform Guidance requirements is a common practice among organizations subject to this provision.
General guidance for property managers — not legal advice for your specific situation. Consult an attorney for advice on your case.
Section 891.515 requires that the nonprofit housing provider serving you is subject to federal audit oversight under 2 CFR Part 200, Subpart F, which is designed to ensure that federal funds are being used appropriately. This financial accountability framework is part of the broader set of protections built into the 24 CFR Part 891 assistance program. Tenants who have concerns about how federal housing funds are being managed may find it useful to contact HUD's Office of Inspector General or a local tenant-rights organization for general information about oversight mechanisms.
General guidance for tenants — not legal advice for your specific situation. Consult a tenant-rights organization or attorney for advice on your case.
Generated September 4, 2026 — auto-generated, not yet human-reviewed. See /transparency for methodology.
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