Notes to SEFA
Title: Loan/loan guarantee outstanding balances.
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of WARM
Supportive Homes, Inc. and is presented on the accrual basis of accounting. The information in this schedule
is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200,
Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards.
Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the
preparation of the basic financial statements. The Section 202 program amount is reported as a capital
advance during the entire compliance period.
De Minimis Rate Used: Y
Rate Explanation: The Auditee used the de minimis cost rate.
Supportive Housing for Persons with
Disabilities-Section 811 14.181 $1,278,100
Title: Loan/loan guarantee outstanding balances.
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of WARM
Supportive Homes, Inc. and is presented on the accrual basis of accounting. The information in this schedule
is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200,
Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards.
Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the
preparation of the basic financial statements. The Section 202 program amount is reported as a capital
advance during the entire compliance period.
De Minimis Rate Used: Y
Rate Explanation: The Auditee used the de minimis cost rate.
Project Rental Assistance Contract RI 43Q081001 14.181 44,096