Notes to SEFA
SUPPORTIVE HOUSING FOR THE ELDERLY (14.157) - Balances outstanding at the end of the audit period were 3637957.
The accompanying schedule of expenditures of federal awards presents the activity of federal award programs of Steger II Housing Development Fund Company, Inc., Project No. 014-EE216. The schedule includes expenditures of federal programs received directly from federal agencies.
The accompanying schedule of expenditures of federal awards is presented on the accrual basis of accounting and 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).