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Monitoring Deemed Lacking in CDFI Fund Program

Treasury OIG Seeks Better Oversight of Technical Assistance Recipient Reports, Certifications

Jerry Ashworth

June 22, 2020 at 07:48:08 ET

While the Department of the Treasury already sends automated reminders to community development financial institutions (CDFIs) receiving assistance under the CDFI Fund Technical Assistance Award program addressing the submission of delinquent reports, the Treasury Office of Inspector General (OIG), in a recent audit, urged the office to revise its standard operating procedures (SOPs... Read More

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Monitoring Deemed Lacking in CDFI Fund Program

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