2013 US Code
Title 38 - Veterans’ Benefits
Part II - GENERAL BENEFITS (§§ 1101 - 2414)
Chapter 20 - BENEFITS FOR HOMELESS VETERANS (§§ 2001 - 2066)
Subchapter VI - LOAN GUARANTEE FOR MULTIFAMILY TRANSITIONAL HOUSING (§§ 2051 - 2054)
Section 2054 - Audit
| Publication Title | United States Code, 2012 Edition, Supplement 1, Title 38 - VETERANS' BENEFITS |
| Category | Bills and Statutes |
| Collection | United States Code |
| SuDoc Class Number | Y 1.2/5: |
| Contained Within | Title 38 - VETERANS' BENEFITS PART II - GENERAL BENEFITS CHAPTER 20 - BENEFITS FOR HOMELESS VETERANS SUBCHAPTER VI - LOAN GUARANTEE FOR MULTIFAMILY TRANSITIONAL HOUSING Sec. 2054 - Audit |
| Contains | section 2054 |
| Date | 2013 |
| Laws in Effect as of Date | January 16, 2014 |
| Positive Law | Yes |
| Disposition | standard |
| Source Credit | Added Pub. L. 105-368, title VI, §601(a), Nov. 11, 1998, 112 Stat. 3345, §3775; amended Pub. L. <!-- PDFPage:384 -->106-117, title VII, §712, Nov. 30, 1999, 113 Stat. 1584; renumbered §2054, Pub. L. 107-95, §5(d)(1), Dec. 21, 2001, 115 Stat. 918. |
| Statutes at Large References | 112 Stat. 3345 113 Stat. 1584 115 Stat. 918 |
| Public Law References | Public Law 105-368, Public Law 106-117, Public Law 107-95 |
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(a) During each of the first 3 years of operation of a multifamily transitional housing project with respect to which a loan is guaranteed under this subchapter, there shall be an annual, independent audit of such operation. Such audit shall include a detailed statement of the operations, activities, and accomplishments of such project during the year covered by such audit. The party responsible for obtaining such audit (and paying the costs therefor) shall be determined before the Secretary issues a guarantee under this subchapter.
(b) After the first three years of operation of such a multifamily transitional housing project, the Secretary may provide for periodic audits of the project.
(Added Pub. L. 105–368, title VI, §601(a), Nov. 11, 1998, 112 Stat. 3345, §3775; amended Pub. L. 106–117, title VII, §712, Nov. 30, 1999, 113 Stat. 1584; renumbered §2054, Pub. L. 107–95, §5(d)(1), Dec. 21, 2001, 115 Stat. 918.)
AMENDMENTS2001—Pub. L. 107–95 renumbered section 3775 of this title as this section.
1999—Pub. L. 106–117 designated existing provisions as subsec. (a) and added subsec. (b).
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