[Code of Federal Regulations]
[Title 24, Volume 3]
[Revised as of April 1, 2005]
From the U.S. Government Printing Office via GPO Access
[CITE: 24CFR574.650]

[Page 213]
 
                 TITLE 24--HOUSING AND URBAN DEVELOPMENT
 
  CHAPTER V--OFFICE OF ASSISTANT SECRETARY FOR COMMUNITY PLANNING AND 
        DEVELOPMENT, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
 
PART 574_HOUSING OPPORTUNITIES FOR PERSONS WITH AIDS--Table of Contents
 
                  Subpart G_Other Federal Requirements
 
Sec. 574.650  Audit.

    The financial management system used by a State or unit of general 
local government that is a grantee must provide for audits in accordance 
with 24 CFR part 44. A nonprofit organization that is a grantee or a 
project sponsor is subject to the audit requirements set forth in 24 CFR 
part 45.