Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards ("Schedule") includes the federal award activity of Community Housing Options, Inc. (the "Organization"), HUD Project No. 023-HD031, under programs of the federal government for the year ended June 30, 2025. 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, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of the Organization, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Organization.
The Organization provided no federal awards to subrecipients during the year ended June 30, 2025.
The federal expenditures for the Section 811 Supportive Housing for Persons with Disabilities program represent the total capital advances received by the Organization as of June 30, 2025.