Notes to SEFA
For loan and loan guarantee programs for which there are continuing federal compliance requirements, the amount of expenditures reported on the Schedule is the sum of the loan balance at the beginning of the year, the value of new loans made during the year, and cash or administrative cost allowance received during the year. Catholic Charities and Affiliates has loans due to federal agencies for which there are continuing compliance requirements. As of June 30, 2025, the outstanding loan balances on such loans were as follows: Assistance Listing Outstanding Federal Agency Program Title Number Balance U.S. Department of Farm Labor Housing Loans and Agriculture Grants 10.405 $ 1,356,822 U.S. Department of Rural Rental Housing Loans Agriculture 10.415 442,949 U.S. Department of Housing HOME Investments Partnership and Urban Development Programs 14.239 4,305,211 $ 6,104,982 The proceeds of loans that were received and expended in prior years are not considered federal awards expended when the laws, regulations, and the provisions of contracts or grant agreements pertaining to such loans impose no continuing compliance requirements other than to repay the loans and have been excluded from the Schedule and the notes to the Schedule.