24 C.F.R. § 884.124
§ 884.124 Audit. (24 CFR Part 884)
Operative Text
Where a non-Federal entity (as defined in 2 CFR 200.69) is the eligible owner of a project, or is a contract administrator under § 884.119 or § 884.120, receiving financial assistance under this part, the audit requirements in 2 CFR part 200, subpart F, shall apply.
Under 24 CFR Part 884 § 884.124, when a non-Federal entity owns an eligible project or serves as a contract administrator under the Section 884 program and receives federal financial assistance through that program, it becomes subject to the audit requirements established in 2 CFR Part 200, Subpart F—commonly known as the Uniform Guidance audit standards. These standards generally require periodic independent audits to ensure that federal funds are being used appropriately. The rule ties audit obligations directly to the entity's role and its receipt of federal assistance under Part 884.
Plain English — not legal advice.
Property owners and contract administrators that qualify as non-Federal entities under § 884.124 and receive financial assistance through Part 884 generally maintain audit-ready financial records consistent with 2 CFR Part 200, Subpart F requirements. Compliant operators typically engage qualified independent auditors on the schedule required by the Uniform Guidance and retain documentation of expenditures tied to federal assistance. Staying current with 2 CFR Part 200, Subpart F thresholds and timelines is a routine part of program compliance for entities in this role.
General guidance for property managers — not legal advice for your specific situation. Consult an attorney for advice on your case.
Section 884.124 is primarily an administrative and financial-oversight provision directed at project owners and contract administrators rather than at tenants directly. However, the audit requirements it imposes help ensure that federal housing assistance funds are managed properly, which supports the overall integrity of the program providing tenants' housing. Tenants who have concerns about how federal funds are being administered in their project may find it useful to contact HUD's local field office or a tenant-rights organization familiar with Section 8 program requirements.
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.
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