Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the expenditures on an accrual basis of Community Housing Partnership and Affiliates dba HomeRise (a California non-profit public benefit corporation) under programs of the federal government for the year ended December 31, 2024. The information in the Schedule is presented in accordance with the requirements of Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards. Therefore, some amounts presented in the Schedule may differ from amounts presented in, or used in the preparation of the basic consolidated financial statements. For purposes of the Schedule, federal awards include all sub awards to the Organization by nonfederal organizations pursuant to federal grants, contract and similar agreements.
Expenditures reported in the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards; wherein certain types of expenditures are not allowed. Assistance Listing numbers (AL No.) are provided when available. The Organization elected not to use the de minimis indirect cost rate.
Expenditures reported in the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards; wherein certain types of expenditures are not allowed. Assistance Listing numbers and Pass-Through Entity Identification Numbers are provided when available.
HUD and are included in the Schedule. AL No. Progr am Title Loans Received in 2024 Prior Year Loans With Continuing Compliance Requirements Total Outstanding Loans 14.254 Community Development Block Grant/Special Purpose Grants (Recovery Act Funded) $ - $ 1,500,000 $ 1,500,000