Notes to SEFA
The accompanying Schedule includes the activity of all federal award programs of the organization for the year ended September 30, 2025. All federal awards with current year activity received directly from federal agencies, as well as federal awards passed through other government agencies, are included in the Schedule.
Amounts reported in the accompanying Schedule agree, in all material respects, with the amounts reported in the related federal financial reports.
The Section 202, Supportive Housing for the Elderly capital advance was received over the fiscal years ending September 30, 2004 and 2005 to fund the construction costs of the housing project. The expenditure amount presented on the Schedule of Expenditures of Federal Awards represents the outstanding loan balance as of September 30, 2025 as required by HUD.
Major programs are identified in the Summary of Auditor’s Results section of the Schedule of Findings and Questioned Costs.