Notes to SEFA
ALN #: 14.228 Community Development Block Grants States Program The Housing Authority of Thurston County was approved for a loan from the City of Olympia using Community Development Block Grant funds totaling $360,000. The funds were used to acquire land to build 24 additional units at an existing property for low income individuals and families. The amount listed is the outstanding balance from prior years. The project was completed in July 2011. ALN #: 14.218 Community Development Block Grant Entitlement Grants The Housing Authority of Thurston County entered into a sub-recipient agreement on September 26, 2014 secured by a deed of trust and promissory note with Thurston County using Community Development Block Grant funds totaling $382,726. The funds were used to acquire two 4-plexes for low income individuals and families. The amount listed for this loan includes the proceeds used during the year and the outstanding balance at year end. ALN #: 14.239 HOME Investment Partnership Program The Housing Authority of Thurston County entered into an agreement on September 26, 2014 secured by a deed of trust and promissory note with Thurston County using HOME funds totaling $233,734. The funds were used to build two triplexes for low income individuals and families. The amount listed for this loan includes the proceeds used during the year and the outstanding balance at year end.
The amounts shown as current year expenditures represent only the federal grant portion of the program costs for the federal awards. Costs expended from other sources are not included on these schedules.
The Housing Authority of Thurston County reported total expenditures of federal awards. When the total expenditures exceed the total award, the amount reported represents the federal award. The Section 8 Housing Choice Voucher program award of $29,005,142 had expenditures of $28,276,273. COVID-19 –Emergency Housing Voucher program award of $1,031,400 had expenditures of $1,013,207.