Notes to SEFA
The accompanying Schedule of Expenditures of Federal, State, and Local Awards (the "Schedule") includes the Federal, State, and Local grant activity of Haven Hills, Inc. under programs of the federal, state, and county government for the year ended June 30, 2025. The information in this schedule is presented in accordance with the requirements of the Uniform Guidance. Because the schedule presents only a selected portion of the operations of Haven Hills, Inc., it is not intended to and does not present the financial position, changes in net assets or cash flows of Haven Hills, Inc.
During 2025, federal loan programs changed as follows: U.S. Department of Housing and Urban Development Passed Through the City of Los Angeles: Outstanding balance as of June 30, 2024 $ 3,581,582 New service payback loans - Reduction of service payback obligations (6,666) Outstanding balance as of June 30, 2025 $ 3,574,916