Notes to SEFA
The accompanying schedule of expenditures of federal awards (the "Schedule") includes the federal award activity of Providence Place II, Inc., under programs of the federal government for the year ended September 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 Providence Place II, Inc., it is not intended to and does not present the financial position, changes in net assets, or cash flows of Providence Place II, Inc.
Providence Place II, Inc. had the following capital advance loan balance outstanding as of September 30, 2025: Program Title: Supportive Housing for the Elderly (Section 202 Capital Advance Grant); Assistance Listing Number: 14:157; Amount Outstanding: $1,482,200.