Notes to SEFA
Joy Senior Housing, Inc. has received a U.S. Department of Housing and Urban Development capital advance under Section 202 of the National Housing Act. The capital advances at the beginning of the year are included in the federal expenditures presented in the schedule. Joy Senior Housing, Inc. received no additional capital advances during the year. The balance of the capital advances at December 31, 2024 consists of: 14.157 Supporting Housing for the Elderly (Section 202 Capital Advances) $914,300.