FAC Explorer

Audit 374095

FY End
2025-09-30
Total Expended
$2.54M
Findings
0
Programs
2
Organization: Swan Memorial Housing Association (WA)
Year: 2025 Accepted: 2025-12-11
Auditor: RF COMPANY CPA'S P S

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
14.155 MORTGAGE INSURANCE FOR THE PURCHASE OR REFINANCING OF EXISTING MULTIFAMILY HOUSING PROJECTS $1.98M Yes 0
14.195 PROJECT-BASED RENTAL ASSISTANCE (PBRA) $557,866 Yes 0

Contacts

Name Title Type
VDNENAW28TX1 Tammy Nunley Auditee
5092487940 Jared, Postlethwaite CPA Auditor
No contacts on file

Notes to SEFA

For the year ended September 30, 2025, there were no awards passed through to subrecipients
Under the U.S. Department of Housing and Urban Development, Swan Memorial Housing Association received a Mortgage Insurance for the Purchase or Refinancing of Existing Multifamily Housing Projects Mortgage (the Note). The Note is secured by a deed of trust and provides for monthly payments of $10,327, including principal and interest at 3.35 percent until August 1, 2047. At September 30, 2025, $1,922,204 is outstanding.