Notes to SEFA
The accompanying schedule of expenditures of federal and state awards (the “Schedule”) includes the federal and state award activity of The Wisconsin Partnership for Housing Development, Inc. under programs of the federal government and state agencies for the year ended December 31, 2024. 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), and the State Single Audit Guide. Because the Schedule presents only a selected portion of the operations of The Wisconsin Partnership for Housing Development, Inc., it is not intended to and does not present the financial position, changes in net assets, or cash flows of The Wisconsin Partnership for Housing Development, Inc.
The Wisconsin Partnership for Housing Development, Inc. has received deferred loans from the federal loan programs listed below. Loans outstanding at the beginning of the year and loans made during the year are included in the federal expenditures presented in the Schedule. The balances of the loans outstanding at December 31, 2024 consist of 14.239 Home Investment Partnerships Program $180,315 and 14.275 Housing Trust Fund $1,369,263.