PUBLIC LAW 104-330—OCT. 26, 1996 110 STAT. 4041 and audits under this section. The Secretary may adjust, reduce, or withdraw grant amounts, or take other action as appropriate in accordance with the reviews and audits of the Secretary under this section, except that grant amounts already expended on affordable housing activities may not be recaptured or deducted from future assistance provided on behalf of an Indian tribe. SEC. 406. GAO AUDITS. 25 USC 4166. To the extent that the fineincial transactions of Indian tribes and recipients of grant amounts under this Act relate to amounts provided under this Act, such transactions may be audited by the Comptroller General of the United States under such rules and regulations as may be prescribed by the Comptroller General. The representatives of the General Accounting Office shall have access to all books, accounts, records, reports, files, and other papers, things, or property belonging to or in use by such tribes and recipients pertaining to such financial transactions and necessary to facilitate the audit. SEC. 407. REPORTS TO CONGRESS. 25 USC 4167. (a) IN GENERAL.— Not later than 90 days after the conclusion of each fiscal year in which assistance under this Act is made available, the Secretary shall submit to the Congress a report that contains— (1) a description of the progress made in accomplishing the objectives of this Act; (2) a summary of the use of funds available under this Act during the preceding fiscal year; and (3) a description of the aggregate outstanding loan guarantees under title VI. (b) RELATED REPORTS.— The Secretary may require recipients of grant amounts under this Act to submit to the Secretary such reports and other information as may be necessary in order for the Secretary to make the report required by subsection (a). TITLE V—TERMEVATION OF ASSIST- ANCE FOR INDIAN TRIBES UNDER INCORPORATED PROGRAMS SEC. 501. REPEAL OF PROVISIONS RELATING TO INDIAN HOUSING ASSISTANCE UNDER UNITED STATES HOUSING ACT OF 1937. (a) REPEAL OF TITLE II. —Title II of the United States Housing Act of 1937 (42 U.S.C 1437aa et seq.) is hereby repealed. (b) AMENDMENTS TO TITLE I. —Title I of the United States Housing Act of 1937 (42 U.S.C. 1437 et seq.) is amended— (1) in section 3(b)— 42 USC 1437a. (A)in paragraph (5)— (i) in subparagraph (F) by inserting "and" after the semicolon at the end; (ii) by striking subparagraph (G); and (iii) by redesignating subparagraph (H) as subparagraph (G); (B) in paragraph (6), by striking the last sentence; (C) in paragraph (7)—
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