Notes to SEFA
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Dela Vina Housing, Inc. under federal government programs for the year ending 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 Dela Vina Housing, Inc., it is not intended to and does not present the financial position, changes in net assets, or cash flows of Dela Vina Housing, Inc.
Dela Vina Housing, Inc. had the following loan balance outstanding at June 30, 2025. The loan balance outstanding at the beginning of the year is included in the federal expenditures presented in the schedule of expenditures of federal awards. The balance of the loan outstanding at June 30, 2025, consists of: SUPPORTIVE HOUSING FOR PERSONS WITH DISABILITIES (14.181) - Balances outstanding at the end of the audit period were $1,152,200.