Sec. 207. Evaluation and monitoring
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/bill/113/hr/1933/ih/section-207·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Program evaluation and financial audits shall occur at all levels of the Initiative to ensure that— national and local funds are used properly; and the objectives of the Initiative are met. The Secretary shall— conduct periodic program evaluations and financial audits of the national fund manager, partnerships, and projects funded by the Initiative; and share with the national fund manager the results of the evaluations and audits. The Secretary or the national fund manager shall evaluate partnerships to assess the health and economic impacts of projects funded by the Initiative.
The Secretary of Health and Human Services shall conduct research studies and evaluate the health impacts of the Initiative. Representatives of the community development financial institutions shall conduct research studies and evaluate the economic impacts of the Initiative. Each partnership shall— conduct periodic administrative and financial audits of projects funded by the Initiative; and share with the national fund manager the results of the audits. In a case in which a partnership fails, the national fund manager shall take over the portfolio of the failed partnership.