Notes to SEFA
The accompanying schedule of expenditures of federal awards (the "Schedule") includes the federal award activity of Southeastern Housing and Community Development, 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 Southeastern Housing and Community Development, it is not intended to and does not present the financial position, changes in net assets, or cash flows of Southeastern Housing and Community Development.
Southeastern Housing and Community Development had the following loan balance outstanding as of June 30, 2025: Program Title - Assistance Listing Number - Amount Outstanding; Rural Rental Housing Loans -10.415 - $1,200,504; HOME Investment Partnerships Program - 14.239 - $818,405.