Audit 16742

Title: Loan/loan guarantee outstanding balances Accounting Policies: The accompanying schedule of expenditures of federal awards (the "Schedule") includes the federal award activity of Housing Consortium of the East Bay and Affiliates (the "Organization") under programs of the federal government for the year ended June 30, 2022. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of FederalRegulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of the Organization, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Organization.Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or limited as to reimbursement. Passthrough entity identifying numbers are presented where available and applicable. De Minimis Rate Used: N Rate Explanation: HCEB has not elected to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance. COMMUNITY DEVELOPMENT BLOCK GRANTS/ENTITLEMENT GRANTS (14.218) - Balances outstanding at the end of the audit period were 4860195. COMMUNITY DEVELOPMENT BLOCK GRANTS/ENTITLEMENT GRANTS (14.218) - Balances outstanding at the end of the audit period were 4860195. COMMUNITY DEVELOPMENT BLOCK GRANTS/ENTITLEMENT GRANTS (14.218) - Balances outstanding at the end of the audit period were 4860195. COMMUNITY DEVELOPMENT BLOCK GRANTS/ENTITLEMENT GRANTS (14.218) - Balances outstanding at the end of the audit period were 4860195. HOME INVESTMENT PARTNERSHIPS PROGRAM (14.239) - Balances outstanding at the end of the audit period were 4860195. HOME INVESTMENT PARTNERSHIPS PROGRAM (14.239) - Balances outstanding at the end of the audit period were 4860195. HOME INVESTMENT PARTNERSHIPS PROGRAM (14.239) - Balances outstanding at the end of the audit period were 4860195. HOME INVESTMENT PARTNERSHIPS PROGRAM (14.239) - Balances outstanding at the end of the audit period were 4860195. NEIGHBORHOOD STABILIZATION PROGRAM (RECOVERY ACT FUNDED) (14.256) - Balances outstanding at the end of the audit period were 4860195. NEIGHBORHOOD STABILIZATION PROGRAM (RECOVERY ACT FUNDED) (14.256) - Balances outstanding at the end of the audit period were 4860195. NEIGHBORHOOD STABILIZATION PROGRAM (RECOVERY ACT FUNDED) (14.256) - Balances outstanding at the end of the audit period were 4860195. NEIGHBORHOOD STABILIZATION PROGRAM (RECOVERY ACT FUNDED) (14.256) - Balances outstanding at the end of the audit period were 4860195. NEIGHBORHOOD STABILIZATION PROGRAM (RECOVERY ACT FUNDED) (14.256) - Balances outstanding at the end of the audit period were 4860195. NEIGHBORHOOD STABILIZATION PROGRAM (RECOVERY ACT FUNDED) (14.256) - Balances outstanding at the end of the audit period were 4860195. NEIGHBORHOOD STABILIZATION PROGRAM (RECOVERY ACT FUNDED) (14.256) - Balances outstanding at the end of the audit period were 4860195.

Title: Federal Loan Programs Accounting Policies: The accompanying schedule of expenditures of federal awards (the "Schedule") includes the federal award activity of Housing Consortium of the East Bay and Affiliates (the "Organization") under programs of the federal government for the year ended June 30, 2022. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of FederalRegulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of the Organization, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Organization.Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or limited as to reimbursement. Passthrough entity identifying numbers are presented where available and applicable. De Minimis Rate Used: N Rate Explanation: HCEB has not elected to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance. The accompanying schedule of expenditures of federal awards includes loan balances for which continuing compliance is required. The balances of the loans which continuing compliance was required as of June 30, 2022 amounted to $4,860,195.