James Walkinshaw (D-VA)
NeighborWorks Accountability Act
A Democratic bill with no cosponsors
Last activity — 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.
In committee
Introduced and handed to a committee in the chamber it started in.
The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.
Its path through Congress
- 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
- Scored +6
Does this make what the government does easier for the public to see?
The mandate for annual independent audits and the creation of an Inspector General increases the transparency of the corporation's financial operations.
- Scored +5
Does this make the government pay for what it commits to?
The bill enhances fiscal oversight by establishing an Office of Inspector General and requiring annual independent external audits of the corporation's accounts.
- Scored +2
Would households on low incomes be better off under this?
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
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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. Tap or hover a score for the reason it gave.
- Demographic And Interest Groups
- Would households on low incomes be better off under this? — Enhanced accountability for the Neighborhood Reinvestment Corporation may better protect the integrity of programs serving low-income areas. Would people in cities be better off under this? — Greater accountability in the corporation's management may lead to more effective reinvestment in urban community development. Would Black Americans be better off under this? — Improved oversight of community reinvestment corporations can help ensure funds reach intended diverse communities effectively. Would Hispanic Americans be better off under this? — Improved oversight of community reinvestment corporations can help ensure funds reach intended diverse communities effectively.
- Governance And Ideology
- Does this make what the government does easier for the public to see? — The mandate for annual independent audits and the creation of an Inspector General increases the transparency of the corporation's financial operations.
- Economy And Finance
- Does this make the government pay for what it commits to? — The bill enhances fiscal oversight by establishing an Office of Inspector General and requiring annual independent external audits of the corporation's accounts.
- Social Issues And Justice
- Does this make housing cost less? — Increased oversight of the Neighborhood Reinvestment Corporation may lead to more effective management of housing-related reinvestment funds.
- 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.