The Virgin Islands Housing Finance Authority shall make administrative, maintenance and operating expenditures in accordance with an annual budget, and shall account to the Government of the United States Virgin Islands, in accordance with applicable law, for any funds that may have been furnished to it or appropriated to its use by the Legislature, by any political subdivision of the Virgin Islands, or by any other public body, agency, or instrumentality of the Government of the United States Virgin Islands. The Virgin Islands Housing Finance Authority shall account to the Federal Government at such times as the Federal Government may require, for funds provided by the Federal Government, or derived from the proceeds of any sale of bonds or other obligations secured by a pledge of annual contributions or other financial assistance of the Federal Government, or derived from receipts from its Federally-aided projects or operations, or otherwise derived from or through, or with the cooperation or assistance of the Federal Government. The Federal Government shall, for the purposes of audit and examination, have access to any books, documents, papers, and records of the Virgin Islands Housing Finance Authority pertinent to its operations with respect to financial assistance furnished by the Federal Government.