FAC Explorer

Audit 355201

FY End
2025-01-31
Total Expended
$5.51M
Findings
0
Programs
3
Organization: Scott Hill, Inc. (VA)
Year: 2025 Accepted: 2025-04-30
Auditor: Brown Edwards & Company LLP

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
14.155 Mortgage Insurance for the Purchase Or Refinancing of Existing Multifamily Housing Projects $4.17M - 0
14.195 Project-Based Rental Assistance (pbra) $1.32M Yes 0
14.191 Multifamily Housing Service Coordinators $21,926 - 0

Contacts

Name Title Type
K6N6DS5Z3LC1 Kathryn Overacker Auditee
5405634565 John Shannon Aldridge Auditor
No contacts on file

Notes to SEFA

Title: Loan Program Accounting Policies: THE SCHEDULE OF EXPENDITURES WAS PREPARED ON THE ACCRUAL BASIS OF ACCOUNTING. De Minimis Rate Used: N Rate Explanation: The 10% deminimus does not apply to the Corporation The loan balance at the beginning of the year is included in the schedule of expenditures of federal awards. The loan balance at January 31, 2025 was $3,993,858.