Title: BASIS OF PRESENTATION
Accounting Policies: ALL
De Minimis Rate Used: N
Rate Explanation: N/A
The accompanying Schedule of Expenditures of Federal Awards includes the federal grant
Title: BASIS OF PRESENTATION
Accounting Policies: ALL
De Minimis Rate Used: N
Rate Explanation: N/A
activity of Harbor View Housing Development Fund Co., Inc. (Henderson School Apartments),
Title: BASIS OF PRESENTATION
Accounting Policies: ALL
De Minimis Rate Used: N
Rate Explanation: N/A
and is presented on the accrual basis of accounting. The information in the Schedule is presented
Title: BASIS OF PRESENTATION
Accounting Policies: ALL
De Minimis Rate Used: N
Rate Explanation: N/A
in accordance with the requirements of Title 2 US. Code of Federal Regulations (CFR) Part 200,
Title: BASIS OF PRESENTATION
Accounting Policies: ALL
De Minimis Rate Used: N
Rate Explanation: N/A
Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal
Title: BASIS OF PRESENTATION
Accounting Policies: ALL
De Minimis Rate Used: N
Rate Explanation: N/A
Awards. Because the Schedule presents only a selected portion of the operations of the Project,
Title: BASIS OF PRESENTATION
Accounting Policies: ALL
De Minimis Rate Used: N
Rate Explanation: N/A
it is not intended to and does not present the financial position, changes in net assets, or cash
Title: BASIS OF PRESENTATION
Accounting Policies: ALL
De Minimis Rate Used: N
Rate Explanation: N/A
flows of the Project.
Title: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Accounting Policies: ALL
De Minimis Rate Used: N
Rate Explanation: N/A
Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such
Title: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Accounting Policies: ALL
De Minimis Rate Used: N
Rate Explanation: N/A
expenditures are recognized following the cost principles contained in Uniform Guidance
Title: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Accounting Policies: ALL
De Minimis Rate Used: N
Rate Explanation: N/A
wherein certain types of expenditures are not allowable or are limited as to reimbursement.
Title: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Accounting Policies: ALL
De Minimis Rate Used: N
Rate Explanation: N/A
Harbor View Housing Development Fund Co., Inc. has elected not to use the 10 percent de
Title: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Accounting Policies: ALL
De Minimis Rate Used: N
Rate Explanation: N/A
minimis indirect cost rate allowed under the Uniform Guidance.
Title: U.S. Department of Housing and Urban Development Capital Advance Program
Accounting Policies: ALL
De Minimis Rate Used: N
Rate Explanation: N/A
Harbor View Housing Development Fund Co., Inc. has received a U.S. Department of Housing
Title: U.S. Department of Housing and Urban Development Capital Advance Program
Accounting Policies: ALL
De Minimis Rate Used: N
Rate Explanation: N/A
and Urban Development capital advance under Section 202 of the National Housing Act. The
Title: U.S. Department of Housing and Urban Development Capital Advance Program
Accounting Policies: ALL
De Minimis Rate Used: N
Rate Explanation: N/A
capital advance balance at the end of the year is included in the federal expenditures presented in
Title: U.S. Department of Housing and Urban Development Capital Advance Program
Accounting Policies: ALL
De Minimis Rate Used: N
Rate Explanation: N/A
the schedule Harbor View Housing Development Fund Co., Inc. received no additional loans
Title: U.S. Department of Housing and Urban Development Capital Advance Program
Accounting Policies: ALL
De Minimis Rate Used: N
Rate Explanation: N/A
during the year.