Notes to SEFA
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Lions Community Manor, a component unit of Lions Community Services Corporation 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 Lions Community Manor, a component unit of Lions Community Services Corporation, it is not intended to and does not present the financial position, changes in net assets, or cash flows of Lions Community Manor, a component unit of Lions Community Services Corporation.
The following is the activity of the loan payable for the year ended June 30, 2025: Assistance Listing Number 14.134, Program Name: Mortgage Insurance - Rental Housing (Section 223 (f)), Loan Outstanding June 30, 2024, $33,612,661, Loans Awarded for the Year Ended June 30, 2025 $0, Loan Principal Repaid for the Year Ended June 30, 2025 $377,206, Loan Outstanding June 30, 2025 $33,235,455.