Notes to SEFA
The accompanying schedule of expenditures of federal awards (the "Schedule") includes the federal award activity of Domestic Violence Center of Chester County and Subsidiary 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"). Therefore, some amounts presented in this capitalize schedule may differ from amounts presented in, or used in the preparation of, the basic consolidated financial statements.
All Home Investment Partnership (“HOME”) funds invested in the project shall be promptly repaid to Chester County if the housing ceases to qualify as affordable housing under the terms of HOME regulations, a thirtyyear period of affordability is in effect for the funds received in 2005. At the end of the affordability period, the individual loan shall be forgiven if all terms and conditions of the HOME agreement have been met. Total HOME funds received and subject to repayment as of June 30, 2025 amounted to $400,000.