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Increase the supply of housing in AmericaSection 504 › Proposal

The Secretary must certify a grantee's financial controls before a grant

To increase the supply of housing in America, and for other purposes, section 504, Sec. 504. Written by .

The Secretary must certify a grantee's financial controls before a grant

The document says “shallWho acts: Secretary of Housing and Urban DevelopmentHow: statuteSec. 504 in the PDF
What the document says

“Before making a grant under this section, the Secretary shall certify that the grantee has in place proficient processes and procedures to comply with the requirements developed under paragraph (1), as determined by the Secretary.”

To increase the supply of housing in America, and for other purposes, Sec. 504

The new section 124 requires the Secretary to develop requirements showing that a grantee has adequate financial controls and procurement processes, adequate procedures to detect and prevent fraud, waste, abuse, and duplication of benefit, and a comprehensive publicly accessible website, and to certify before making a grant that the grantee can meet them. A State, local government, or Indian tribe may show compliance before a disaster occurs.

What the document actually says

“Before making a grant under this section, the Secretary shall certify that the grantee has in place proficient processes and procedures to comply with the requirements developed under paragraph (1), as determined by the Secretary.”

To increase the supply of housing in America, and for other purposes, Sec. 504
That sentence, in plain words

The housing agency must certify a place before it gets a grant. It must find that the place can meet the rules it has set.

What this is about

Those rules cover money controls and buying. They also cover guarding against fraud. A place must keep a public website too.

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