24 CFR 5.107 – Audit requirements for non-profit organizations
Current as of: 2024 | Check for updates
|
Other versions
Non-profit organizations subject to regulations in the part 200 and part 800 series of title 24 of the CFR shall comply with the audit requirements of 2 CFR part 200, subpart F. For HUD programs, a non-profit organization is the mortgagor or owner (as these terms are defined in the regulations in the part 200 and part 800 series) and not a related or affiliated organization or entity.
Terms Used In 24 CFR 5.107
- Mortgagor: The person who pledges property to a creditor as collateral for a loan and who receives the money.