A tenth of one percent of each award goes to the inspector general
What the document says“Not less than one-tenth of 1 percent of each series of awards the Secretary makes from the Fund shall be transferred to the account under the heading ``Office of Inspector General'' for the Department of Housing and Urban Development to support audit activities and to investigate grantee noncompliance with program requirements and waste, fraud, and abuse”
The section requires at least one tenth of one percent of each series of awards from the Fund to go to the Department's Office of Inspector General for audits and investigations of grantee noncompliance and of waste, fraud, and abuse. That money does not become available until 90 days after the grantee plan or supplemental plan is approved.
What the document actually says“Not less than one-tenth of 1 percent of each series of awards the Secretary makes from the Fund shall be transferred to the account under the heading ``Office of Inspector General'' for the Department of Housing and Urban Development to support audit activities and to investigate grantee noncompliance with program requirements and waste, fraud, and abuse”
A small slice of every set of awards is moved. It goes to the watchdog office of the housing agency. It pays for audits and for looking into misuse of the money.
The slice is one tenth of one percent. The money waits 90 days after a grantee plan is approved. That gives the watchdog something to check.
No action is recorded against this proposal. That is not evidence that none has been taken, and nobody has yet read it against the record. See what the tracker does not yet cover.