133, "Audits of State and Local Governments and Non-Profit Organizations", nonfederal entities that expend $300,000 or more in a year shall have a single audit conducted for that year in accordance with the provisions of the circular. Records: Records must demonstrate that the State has met the requirements of Title I of the Act. 241 FINANCIAL INFORMATION: Account Identification: 86-0162-0-1-451. Obligations: (Grants) FY 99 $1,205,918,000; FY 00 est $1,265,873,000; and FY 01 est $1,340,651,000. (NOTE: Amounts reported reflect allocation of new budget authority rather than obligation amounts.) Range and Average of Financial Assistance: Amount determined by formula. PROGAM ACCOMPLISHMENTS: The fiscal year 2001 funding level will provide an estimated 21,800 housing units for the nonentitlement community, and approximately 62,200 created. REGULATIONS, GUIDELINES, AND LITERATURE: 24 CFR Part 570. INFORMATION CONTACTS: Regional or Local Office: Contact the appropriate HUD Field Office. Headquarters Office: State and Small Cities Division, Office of Block Grant Assistance, Community Planning and Development, Department of Housing and Urban Development, 451 7th Street, SW., Washington, DC 20410. Telephone: (202) 708-1322. Use the same number for FTS. Web Site Address: http://www.hud.gov/progdesc/cpdindx.html. EXAMPLES OF FUNDED PROJECTS: Projects are selected by States. CRITERIA FOR SELECTING PROPOSALS:
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