Notes to SEFA
(d) The outstanding balance of the Assistance Living Conversion for Eligible Multifamily Housing Projects at June 30, 2025 with continuing compliance requirements which are reported as federal expenditures on the accompanying schedule of expenditures of federal awards was $2,085,750.
(c) The outstanding balance of the HUD Insured Mortgage at June 30, 2025 with continuing compliance requirements which are reported as federal expenditures on the accompanying schedule of expenditures of federal awards was $2,766,220.