Notes to SEFA
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of the Housing Authority of the City of Raleigh (the Authority) under programs of the federal government for the year ended March 31, 2025. The information in this Schedule is presented in accordance with the requirements of 2 CFR 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 Authority, it is not intended to and does not present the financial position, changes in net position, or cash flows of the Authority.
The Authority provided no federal awards to sub-recipients during the fiscal year ending March 31, 2025
The Housing Authority of the City of Raleigh received no federal awards of non-monetary assistance that are required to be disclosed for the year ended March 31, 2025 The Auditee has not elected to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance. The Housing Authority of the City of Raleigh had no loans, loan guarantees, or federally restricted endowment funds required to be disclosed for the fiscal year ended March 31, 2025.