Bill · H.R. 6483· House(119-HR-6483)
NeighborWorks Accountability Act
- Introduced
- 12/4/2025
- Last activity
- 12/4/2025 — Referred to the Committee on Financial Services, and in addition to the Committee on Oversight and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- Sponsored by
- James Walkinshaw
- Cosponsors
- None
- Introduced
- In Committee
What this bill would do
This bill, known as the ``NeighborWorks Accountability Act,'' aims to establish an Inspector General for the Neighborhood Reinvestment Corporation. It amends title 5 of the United States Code to include the corporation in specific listings. The Act also modifies the Neighborhood Reinvestment Corporation Act to authorize funding for the Office of Inspector General. Additionally, it requires the corporation's accounts to undergo annual audits by independent external auditors. These audits must be performed by certified public accountants according to generally accepted auditing standards.
Yes· 3 of 7
Does this make what the government does easier for the public to see?+6
The mandate for annual independent audits and the creation of an Inspector General increases the transparency of the corporation's financial operations.
Does this make the government pay for what it commits to?+5
The bill enhances fiscal oversight by establishing an Office of Inspector General and requiring annual independent external audits of the corporation's accounts.
Would households on low incomes be better off under this?+2
Enhanced accountability for the Neighborhood Reinvestment Corporation may better protect the integrity of programs serving low-income areas.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
-
Establishment of Oversight: The creation of an Office of Inspector General provides a mechanism for oversight of the Neighborhood Reinvestment Corporation (Section 2(b)).
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Financial Transparency: Requiring the corporation's accounts to be audited annually by an independent external auditor ensures that financial records are reviewed by independent certified public accountants (Section 2(c)).
Potential Negative Impacts for People
- No negative impacts are explicitly stated in the provided text.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Low Income Households+2Good For Urban Residents+2Good For African Americans+1Good For Hispanic Americans+1
- Governance And Ideology
- Improves Government Transparency+6
- Economy And Finance
- Improves Fiscal Responsibility+5
- Social Issues And Justice
- Improves Affordable Housing+2
- 12/4/2025
- Referred to the Committee on Financial Services, and in addition to the Committee on Oversight and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- Introduced in House
4 bills Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.