Notes to SEFA
The Pike County Housing Authority has two mortgage loans with the U.S. Department of Agriculture. The loan balances as of June 30, 2024 and 2025 totaled $597,771 and $529,967, respectively. The amount reported on the accompanying Schedule of Expenditures of Federal Awards includes the loan payment subsidy of $73,888.
The Pike County Housing Authority has a mortgage loan with the Kentucky Housing Corporation. The loan balance as of June 30, 2023 and 2024 totaled $335,460 and $326,960, respectively.