Title: Capital Advance
Accounting Policies: The information is presented on the accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: The Corporation did not use the 10% de minimis allocation.
The amount of $1,696,049 reported for Assistance Listing Number 14.181 in expenditures relates to a HUD capital advance. The ending balance of this advance is $1,696,049 at December 31, 2023.