Notes to SEFA
Yolo County Housing ("YCH") was established pursuant to the State of California’s Health and Safety Code in 1950 by the Yolo County Board of Supervisors. YCH is a public entity organized to provide housing assistance to low- and moderate-income families at rents they can afford.
The Schedule of Expenditures of Federal Awards (the "Schedule") presents the federal awards activity of YCH under programs of the federal government for the year ended June 30, 2025. Federal awards received directly from federal agencies, as well as federal awards passed through from nonfederal agencies or other organizations, are included in the Schedule. The information in the Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards ("Uniform Guidance"). As the Schedule presents only the federal awards activity of YCH, it is not intended to and does not present the financial position, change in net position or cash flows of YCH as a whole.
YCH has one discretely presented component unit, New Hope Crosswood Associates LP, whose federal expenditures are excluded from the Schedule because its federal expenditures are separately audited and reported to HUD. The federal expenditures for programs of New Hope Crosswood Associates LP for the year ended December 31, 2024 are as follows: Federal Grantor / Pass-through Grantor / Program or Cluster Title: Federal AL Number Agency or Pass-Through Number Federal Expenditures Amount Direct Programs U.S. Department of Housing and Urban Development Federal Housing Administration - Insured loans under Section 207 and 223(f) 14.155 CA30M000858 $2,758,730 Housing Voucher Cluster Section 8 Housing Choice Vouchers 14.871 N/A $387,939 Total $ 3 ,146,669