Notes to SEFA
The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200.516. Therefore, some amounts presented in the schedule may differ from amounts presented in, or used in, the preparation of the financial statements.
Federal Expenditures for Assistance Listing Program 14.157 include the $3,995,200 capital advance balance at the beginning of the audit period, a HUD Demonstration Planning Grant of $350,000 and project rental assistance of $103,514. The capital advance balance at June 30, 2025 was also $3,995,200.