Notes to SEFA
Title: Loan/loan guarantee outstanding balances
Accounting Policies: The schedule of expenditure of federal awards is prepared on the accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
SUPPORTIVE HOUSING FOR PERSONS WITH DISABILITIES- BALANCE OF CAPITAL ADVANCE AS OF JULY 1, 2021, UNDER SECTION 811 OF THE NATIONAL AFFORDABLE HOUSING ACT OF 1990 (14.181) - Balances outstanding at the end of the audit period were 1095500.