24 C.F.R. § 886.336
§ 886.336 Audit. (24 CFR Part 886)
Operative Text
Where a non-Federal entity (as defined in 2 CFR 200.69) is the eligible owner of a project receiving financial assistance under this part, the audit requirements in 2 CFR part 200, subpart F, shall apply.
Under 24 CFR Part 886 § 886.336, when the owner of a federally assisted housing project qualifies as a non-Federal entity—as that term is defined in federal regulations—the project becomes subject to the audit standards set out in 2 CFR Part 200, Subpart F, commonly known as the Uniform Guidance audit requirements. These standards establish how financial activity related to federal assistance must be examined and reported. The rule essentially links a specific category of project owner to a broader federal audit framework whenever they receive financial assistance under Part 886.
Plain English — not legal advice.
Property owners and management entities operating under 24 CFR Part 886 § 886.336 who qualify as non-Federal entities should be aware that receiving assistance under this program triggers the audit obligations found in 2 CFR Part 200, Subpart F. Compliant operators typically maintain financial records in a manner that supports a federally compliant audit, engage qualified auditors familiar with Uniform Guidance standards, and submit required audit reports within applicable deadlines. Staying current with the thresholds and procedures outlined in Subpart F is a routine part of program compliance for eligible owners in this category.
General guidance for property managers — not legal advice for your specific situation. Consult an attorney for advice on your case.
While 24 CFR Part 886 § 886.336 primarily governs the financial oversight obligations of project owners rather than the day-to-day rights of residents, the audit requirements it imposes are part of the broader accountability structure designed to ensure federal housing funds are used appropriately. Tenants who have concerns about how assistance funds are being managed in their building may find it useful to contact HUD's local field office or a tenant-rights organization familiar with federally assisted housing programs. Understanding that this provision exists as part of the program's compliance framework can be relevant context when raising concerns about project management or program integrity.
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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