Audit 39486

Title: Loan/loan guarantee outstanding balances Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity ofRobert L. Walker House Corporation under programs of the federal government for the year endedDecember 31, 2022. The information in this schedule is presented in accordance with therequirements of the Uniform Guidance. Because the Schedule presents only a selected portion of theoperations of Robert L. Walker House Corporation, it is not intended to and does not present thefinancial position, changes in net assets or cash flows of Robert L. Walker House Corporation.Expenditures reported on the Schedule are reported on the accrual basis of accounting. Suchexpenditures are recognized following the cost principles contained in the Uniform Guidance,wherein certain types of expenditures are not allowable or are limited as to reimbursement. Negativeamounts shown on the Schedule represent adjustments or credits made in the normal course ofbusiness to amounts reported as expenditures in prior years. Passthrough entity identifying numbersare presented where applicable. The Organization has elected not to use the 10% de minimis indirectcost rate allowed under the Uniform Guidance.The mortgage balance at the beginning of the year and loans made during the year are included in thefederal expenditures presented in the Schedule. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. MORTGAGE INSURANCE FOR THE PURCHASE OR REFINANCING OF EXISTING MULTIFAMILY HOUSING PROJECTS (14.155) - Balances outstanding at the end of the audit period were 4084865. SUPPORTIVE HOUSING FOR THE ELDERLY (14.157) - Balances outstanding at the end of the audit period were 370923. COMMUNITY DEVELOPMENT BLOCK GRANTS/ENTITLEMENT GRANTS (14.218) - Balances outstanding at the end of the audit period were 275000.