24 C.F.R. § 882.124

§ 882.124 Audit. (24 CFR Part 882)

In Force
Verified 8/21/2026 · Next check 9/20/2026
effective 8/21/2026FederalAffordable Housing Programs

Operative Text

24 C.F.R. § 882.124
PHAs receiving financial assistance under this part are subject to audit requirements in 2 CFR part 200, subpart F.
Source: Legislative text reproduced verbatim
Plain English

Section 882.124 establishes that Public Housing Authorities (PHAs) that receive federal financial assistance under 24 CFR Part 882 must comply with the audit requirements set out in 2 CFR Part 200, Subpart F, commonly known as the Uniform Guidance's audit provisions. These requirements generally mandate independent audits of federal program expenditures once spending crosses certain thresholds. The rule ensures a standardized federal oversight mechanism applies to housing assistance funds administered by PHAs.

Written by anthropic/claude-sonnet-4.6 · Reviewed on September 4, 2026

Plain English — not legal advice.

For Property Managers

Property owners and managers participating in programs governed by 24 CFR Part 882 should be aware that the PHAs administering those programs are subject to the audit obligations of § 882.124. Compliant PHA operators generally maintain thorough financial records of program expenditures, cooperate with independent auditors, and ensure audit findings are addressed in a timely manner. Understanding that your administering PHA operates under these federal audit standards can inform how you document transactions and respond to PHA requests for financial information.

General guidance for property managers — not legal advice for your specific situation. Consult an attorney for advice on your case.

For Tenants

Under § 882.124, the PHA managing your housing assistance is required to undergo federal audits in accordance with 2 CFR Part 200, Subpart F, which provides a layer of federal oversight over how program funds are handled. If you have concerns about how your PHA is managing assistance funds, you may raise those concerns with the relevant HUD field office or a local tenant-rights organization familiar with federal housing programs. Audit reports for PHAs are generally public documents, and reviewing them or asking a housing counselor to help interpret them can be one way to understand how your program is being administered.

General guidance for tenants — not legal advice for your specific situation. Consult a tenant-rights organization or attorney for advice on your case.

Generated September 4, 2026 — auto-generated, not yet human-reviewed. See /transparency for methodology.

Effective Timeline

Current
Aug 21, 2026
Click on timeline segments to view historical versions.

References Out

No outbound references recorded yet for this provision.

References In

No inbound references recorded yet for this provision.

Related Rules

§ 1437
Declaration of policy and public housing agency organization
§ 5.100
§ 5.100 Definitions.
§ 5.107
§ 5.107 Audit requirements for non-profit organizations.

Source Information

Snapshot SHA:
Fetched:Aug 21, 2026, 06:37 PM UTC