§4714 Recordkeeping

Summary

Organizations that get money from the Fund must keep records for the time periods the Fund sets so it can see how the money was used and that the rules were followed. They must collect data the Fund asks for about people who use their services, such as gender, race, ethnicity, national origin, and other relevant details, to show targeted groups and low-income residents are being served. The Fund can inspect those records whenever needed. At least once each year the Fund will review each recipient’s strategic plan, goals, and the terms of its assistance. Each recipient must also send the Fund an annual report on its activities, finances, progress toward goals, and compliance in the form the Fund requires. After removing private or proprietary information, the Fund will make those reports available for public inspection.