Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards (the “Schedule”) includes the expenditures on an accrual basis of Vivente 1, Inc. (A California non-profit public benefit corporation) under programs of the federal government for the year ended December 31, 2025. The information in the Schedule is presented in accordance with the requirements of Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. Therefore, some amounts presented in the Schedule may differ from amounts presented in, or used in the preparation of, the financial statements. For purpose of the Schedule, federal awards include all subawards to Vivente 1, Inc. by nonfederal organizations pursuant to federal grants, contracts and similar agreements.
The following represents the amount of outstanding loans identified by AL No. All loans are provided by HUD and are included in the Schedule. AL No.: 14.155 Program title: Mortgage Insurance for the Purchase or Refinancing of Existing Multifamily Housing Projects Loans received in 2025: $0 Prior year loans with continuing compliance requirements: $3,883,440 Total outstanding loans received: $3,883,440