Notes to SEFA
The accompanying schedule of expenditures of federal awards (the "Schedule") includes the federal award activity of Cottages at Crestview, Inc., 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 Cottages at Crestview, Inc., it is not intended to and does not present the financial position, changes in net assets, or cash flows of Cottages at Crestview, Inc.
Cottages at Crestview, Inc. had the following capital advance loan balance, related to federal awards, outstanding as of June 30, 2025: Program Title: Supportive Housing for the Elderly (Section 202 Capital Advance Grant); Assistance Listing Number: 14.157; Amount Outstanding: $2,775,700.