Notes to SEFA
The federal loan program listed below is administered directly by Garden City Senior Housing, Inc. and balances and transactions relating to these programs are included in Garden City Senior Housing, Inc.’s basis financial statements. Loans outstanding at the beginning of the year and loans made during the year are included in the federal expenditures presented in the Schedule. The balances of loans outstanding at December 31, 2024 consists of: 10.415 Rural Rental Housing Loans $864,446