Notes to SEFA
Of the expenditures presented in the schedule of expenditures of federal awards, the Alliance did not provide any awards to sub-recipients.
As of June 30, 2025, the Alliance has outstanding federal loan obligations of $577,000 under the Community Development Block Grant/HOME Investment Partnerships Program and $1,000,000 under the National Housing Trust Fund Program. These amounts on the schedule of expenditures of federal awards include cumulative, outstanding loan proceeds as of June 30, 2023. Both loans are forgivable based on the Alliance’s continued compliance with specified grant requirements.