Data collection and reporting.

CFR · 2024-01-01 · US · Title 12

(a) (1) Disclose the manner in which the CMF Award is used, including providing documentation to demonstrate Project Completion; (2) Demonstrate compliance with the requirements of this part and the Assistance Agreement; and (3) Evaluate the impact of the CMF Award. (b) (c) (d) (e) (ii) For-profit Recipients (excluding Insured CDFIs and State-Insured Credit Unions) must submit to the CDFI Fund financial statements audited in conformity with generally accepted auditing standards as promulgated by the American Institute of Certified Public Accountants by a time set forth in the applicable NOFA or Assistance Agreement. (iii) Insured CDFIs are not required to submit financial statements to the CDFI Fund. The CDFI Fund will obtain the necessary information from publicly available sources. State-Insured Credit Unions must submit to the CDFI Fund copies of the financial statements that they submit to the Appropriate State Agency. (2) (ii) The CDFI Fund will use the annual report to collect data to assess the Recipient's compliance with its performance goals and the impact of the CMF and the CDFI industry. (iii) The Recipient is responsible for the timely and complete submission of the annual report, even if all or a portion of the documents actually are completed by another entity. If such other entities are required to provide information for the annual report, or such other documentation that the CDFI Fund might require, the Recipient is responsible for ensuring that the informati

official document · source cfr-2024 · id 12:§ 1807.902