§4714 Recordkeeping

Summary

Organizations that get help from the Fund must keep records for the time the Fund requires. The records must show how the help was used and prove the rules were followed. The Fund can require these organizations to collect data on users (such as gender, race, ethnicity, national origin, or other relevant details) so it can check that target groups and low-income residents are served. The Fund may inspect those records at any time to check compliance. The Fund will review each assisted organization’s progress at least once a year. Each organization must file an annual report on its activities, finances, and progress toward goals in the form the Fund requires. The Fund will remove private or business‑secret information and then make the reports available to the public.