Notes to SEFA
CPAH had the following loan balances outstanding at December 31, 2024. These loan balances outstanding are also included in the federal expenditures presented in the schedule. Cluster/Program Title: HOME Investment Partnership Program – Loans. Beginning of Year $1,720,368. Additions $0. Payments $0. End of Year $1,720,368.
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of COMMUNITY PARTNERS FOR AFFORDABLE HOUSING (CPAH) under programs of the federal government for the year ended December 31, 2024. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of CPAH, it is not intended to and does not present the financial position, changes in net assets, or cash flows of CPAH.
There were no expenditures to subrecipients during the year ended December 31, 2024.