The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant and loan activity of Habitat for Humanity Seattle-King County and its affiliates, including HFHSKC Community Housing Development Organization (Habitat). The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles Audit Requirements for Federal Awards. Because the Schedule presents only a selected portion of the operations of the Habitat, it is not intended to and does not present the financial position, changes in net assets, or cash flows of Habitat.
Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Habitat has elected not to use the de minimis indirect cost rate allowed under the Uniform Guidance.
Habitat received the following funding through loans and grants from the U.S. Department of Housing and Urban Development and other agencies. Loan documents require compliance with program regulations until the maturity date of the loan or the period of affordability expires. The loan balances outstanding as of the beginning of the year and current year additions to those loans are included in the federal expenditures presented in the Schedule. The grant and loan balances outstanding at June 30, 2025, are as follows: Identifying Assistance Outstanding Program Number Listing Number Balance U.S. Department of the Treasury: Passed through from King County- Coronavirus State & Local Fiscal Recovery Funds None 21.027 $ 1,413,316 Passed through from City of Ellensburg- Coronavirus State & Local Fiscal Recovery Funds 22-96720-212 21.027 1,018,916 U.S. Department of Housing and Urban Development: Passed through from King County Community and Human Services- Community Development Block Grants/Entitlement Grants D28048E 14.218 110,464 Community Development Block Grants/Entitlement Grants D05831D 14.218 18,775 Community Development Block Grants/Entitlement Grants D25413D 14.218 216,683 Passed through from City of Federal Way- Community Development Block Grants/Entitlement Grants AG15-211 14.218 165,000 Community Development Block Grants/Entitlement Grants 2017-14 14.218 240,000 Program Number Listing Number Balance Passed through from King County Community and Human Services- Home Investment Partnership Program D39877D 14.239 494,643 Home Investment Partnership Program D36650D 14.239 649,886 Home Investment Partnership Program D28048D 14.239 259,000 Home Investment Partnership Program D05814D 14.239 71,000 Home Investment Partnership Program D23686D 14.239 220,000 Home Investment Partnership Program 5858031 14.239 350,000 Home Investment Partnership Program 180132706 14.239 1,520,000 Home Investment Partnership Program 1128223 14.239 3,348,685 Passed through from Habitat for Humanity International, Inc.- Self-Help Homeownership Opportunity Program 0092-2700 14.247 17,500 Passed through from Community Frameworks- Self-Help Homeownership Opportunity Program HSKC-13-1 14.247 120,000 Self-Help Homeownership Opportunity Program HSKC-17-1 14.247 60,000 Self-Help Homeownership Opportunity Program HSKC-17-2 14.247 120,000 Total Loans Outstanding $ 10,413,868 Some of the loan balances under the HOME Investment Partnerships and Community Development Block Grant Programs for the period ended June 30, 2025, were awarded to HFHSKC Community Housing Development Organization.