FAC Explorer

Audit 1245

FY End
2023-06-30
Total Expended
$900,745
Findings
0
Programs
2
Organization: Norwich Housing Corporation (VT)
Year: 2023 Accepted: 2023-10-25
Auditor: Otis Atwell

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
14.155 Mortgage Insurance for the Purchase Or Refinancing of Existing Multifamily Housing Projects $486,301 - 0
14.195 Section 8 Housing Assistance Payments Program $414,444 Yes 0

Contacts

Name Title Type
XHGEENJ1KEX9 Earle Simpson Auditee
8022957961 Bridget Sylvester Auditor
No contacts on file

Notes to SEFA

Title: Relationship to the Financial Statements Accounting Policies: The Schedule of Expenditures of Federal Awards is presented using the accrual basis of accounting. De Minimis Rate Used: N Rate Explanation: The entity has not elected to use the 10% de minimis indirect cost rate. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations. Therefore, some amounts presented in the schedule may differ from amounts presented in, or used in, the preparation of the financial statements.