Notes to SEFA
Accounting Policies: The accompying schedule of expenditures of awards includes the federal grant activity of Mount Moriah Senior Housing, Inc., HUD Project No. 122-EE-043-WAH-NP under progrms of the federal government for the year ended June 30, 2021. The information is presented on a accrual basis of accounting. The information in this schedule is presented in accordance with the reqirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements Cost Principles and Audit Requirements for Federal Awards (Uinform Guidance).
De Minimis Rate Used: N
Rate Explanation: The Entity has not elected to use the minimus cost rate.