Notes to SEFA
The Cedars Elderly Home Inc. has received a U.S. Department of Housing and Urban Development direct loan under Section 811 of the National Affordable Housing Act. The loan balance outstanding at the beginning of the year is included in the federal expenditures presented in the Schedule. The Cedars Elderly Home, Inc. received no additional loans during the year. The balance of the loan outstanding at December 31, 2024 consists of: Assistance Listing Number: 14.181 Program Name: Section 811 Capital Advance Outstanding Balance at December 31, 2024: $3,748,200