24 C.F.R. § 585.401 Recordkeeping by recipients.
Title 24 - Housing and Urban Development
(a) Each recipient of a planning or implementation Youthbuild grant award must keep records that will facilitate an effective audit to determine compliance with program requirements and that fully disclose: (1) The amount and disposition by the recipient of the planning or implementation Youthbuild grants received, including sufficient records that document the reasonableness, accuracy and necessity of each expenditure; (2) The amount and disposition of proceeds, if any, from financing obtained in connection with the Youthbuild program, e.g., housing sales to eligible low-income families, property sales to other public or private entities; (3) The total cost from all sources of funding for the Youthbuild program including all educational, training, counseling, placement, and housing activities and services; (4) The amount and nature of any other assistance, including cash, property, services, materials, in-kind contributions or other items contributed as a condition of receiving an implementation grant; (5) Any other proceeds received for, or otherwise used in connection with, the Youthbuild program. (6) Participant information. The recipient must maintain records on each Youthbuild participant, including such information as age, high school drop out status, income level, gender, employment status, and racial and ethnic characteristics. (7) Housing information. If Youthbuild grant funds are used for acquisition, architectural and engineering fees, construction, rehabilitation, operating costs or replacement reserves for housing used in a Youthbuild program, the recipient must maintain records on family size, income, and racial and ethnic characteristics of families renting or purchasing Youthbuild properties. (8) Relocation Assistance and Real Property Acquisition. The recipient shall maintain records sufficient to demonstrate compliance with relocation assistance and real property acquisition requirements, as described in chapter 6 of HUD Handbook 1378, Tenant Assistance, Relocation and Real Property Acquisition. See §585.308. (b) Implementation grant recipients must submit reports pursuant to section 3 regulations at 24 CFR part 135. (c) Access by HUD and the Comptroller General. For purposes of audit, examination, monitoring, and evaluation, each recipient must give HUD (including any duly authorized representatives and the Inspector General) and the Comptroller General of the United States (and any duly authorized representatives) access to any books, documents, papers, and records of the recipient that are pertinent to assistance received.
Title 24: Housing and Urban Development
PART 585—YOUTHBUILD PROGRAM
Subpart E—Administration
§ 585.401 Recordkeeping by recipients.
