Iowa Administrative Code
Agency 265 - Iowa Finance Authority
Chapter 41 - Shelter Assistance Fund
Rule 265-41.11 - Compliance With Applicable Federal and State Laws and Regulations
Current through Register Vol. 47, No. 13, December 25, 2024
All recipients shall comply with the Iowa Code with respect to activities performed under this program. Use of SAF program funds shall comply with the following additional requirements.
(1) Nondiscrimination and equal opportunity. All recipients shall comply with the following:
(2) Review of financial statements. All recipients shall obtain from an independent certified public accountant an annual audit or an annual independent review of the agency's financial statements.
(3) Conflict of interest. No person who exercises or has exercised any functions or responsibilities with respect to activities assisted under the SAF program, or who is in a position to participate in a decision-making process or gain inside information with regard to activities assisted under the program, may obtain a financial interest or benefit from an assisted activity; have a financial interest in any contract, subcontract, or agreement with respect to an assisted activity; or have a financial interest in the proceeds derived from an assisted activity, either for the person or for those with whom the person has immediate family or business ties, during the person's tenure or during the one-year period following the person's tenure. Persons covered shall include any person who is an employee, agent, consultant, officer, or elected or appointed official of the recipient.