Notes to SEFA
FHMA did not provide federal awards to subrecipients during the year ended December 31, 2025.
The major federal award programs selected for testing as determined by the auditor on a risk-based approach are as follows:Programs Capitalization Grants for Clean Water State Revolving Funds 66.458, Total Federal expenditures selected for testing $6,574,081. Total Federal Expenditures $6,574,081. Percentage of total federal expenditures tested 100%. Percentage of total federal expenditures required to be tested 40.00%