S.2484

NeighborWorks Accountability Act establishes an Inspector General for the Neighborhood Reinvestment Corporation.

The NeighborWorks Accountability Act establishes an Inspector General for the Neighborhood Reinvestment Corporation. The bill authorizes appropriations to the Office of Inspector General and mandates that the corporation's accounts be audited annually by independent certified public accountants. It prohibits the transfer of program operating responsibilities to the Office of Inspector General, including organizational assessments and grantee oversight functions.