24 C.F.R. § 1000.544 What audits are required?
Title 24 - Housing and Urban Development
The recipient must comply with the requirements of the Single Audit Act and OMB Circular A–133 which require annual audits of recipients that expend Federal funds equal to or in excess of an amount specified by the U.S. Office of Management and Budget, which is currently set at $300,000.
Title 24: Housing and Urban Development
PART 1000—NATIVE AMERICAN HOUSING ACTIVITIES
Subpart F—Recipient Monitoring, Oversight and Accountability
§ 1000.544 What audits are required?