The accompanying Schedule of Expenditures of Federal Awards (Schedule) includes the federal award activities of the Department of Housing of the Commonwealth of Puerto Rico (PRDH) under programs of the Federal government for the fiscal year ended June 30, 2025. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of the PRDH, it is not intended to and does not present the financial position, changes in net position, or cash flows of the PRDH. Therefore, some amounts presented in this Schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements. PRDH reporting entity is defined in Note (1) (A) to the basic financial statements. All federal financial awards received directly from federal agency as well as federal financial awards passed-through other government agencies, if any, are included on the Schedule.
A. Expenditures reported on the Schedule are reported on the modified accrual basis of accounting. Such expenditures are recognized following, as applicable, the cost principles in Office of Management and Budget Circular A-87, State and Local Governments, or the cost principles contained in Subpart E of Title 2 U.S. Code of Federal Regulation Part 200, wherein certain types of expenditures are not allowable or are limited as to reimbursement. B. Negative amounts, if any, shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years. C. Pass-through entity identifying numbers are presented where available and applicable. D. PRDH has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance. PRDH has a 25.20% indirect costs rate approved for direct salaries and related benefits payments. During this fiscal year, the expenditure incurred was $7,210,782.
The information included in the Schedule may not fully agree with other federal award reports submitted directly to federal granting agencies.
The Assistance Listing Number, formerly known as the Catalog of Federal Domestic Assistance (CFDA) Number, is a five-digit number assigned in the awarding document for all Federal assistance award mechanisms, including Federal grants and cooperative agreements.
This Community Development Block Grants/State’s Program and Non-Entitlement Grants in Hawaii (CDBG) program provides annual grants to municipalities to develop viable urban communities by providing decent housing and a suitable living environment, and by expanding economic opportunities, principally for low- and moderate-income persons. The CDBG program includes funds for the Community Development Block Grants/State’s Program and Non-Entitlement Grants in Hawaii – Disaster Recovery Program or CDBG-DR program which provides funds to rebuild areas affected by Presidentially declared disasters and provide crucial seed money to start the recovery process. Expenditures under this program and amounts pass-through to subrecipients for the year ended June 30, 2025 were as follows: Passed Through Total Federal Grant Number to Subrecipients Expenditures Community Development Block Grant/State Program and Non-Entitlement Grants in Hawaii: FY 2008 Grant B08DI7201 $ 442,128 $ 442,128 FY 2018 Grant B18DC720001 3,221,880 4,699,991 FY 2019 Grant B19DC720001 2,762,773 2,762,870 FY 2020 Grant B20DC720001 3,989,969 3,989,969 FY 2020 Grant – COVID 19 B20DW720001 5,810,442 6,172,288 FY 2021 Grant B21DC720001 4,747,544 5,175,882 FY 2022 Grant B22DC720001 4,137,087 4,137,087 FY 2023 Grant B23DC720001 1,717,118 1,717,118 FY 2024 Grant B24DC720001 2,234,573 2,234,573 Sub Total Community Development Block Grant/State Program and Non- Entitlement Grants in Hawaii 29,063,514 31,331,906 CDBG Program – Disaster Recovery (Includes $27,970,374 of IPG Program Loans) B17DM720001 6 28,093,622 1,367,573,270 $ 657,157,136 $ 1,398,905,176
Expenditures of Federal awards are reported in PRDH’s Statement of Revenues, Expenditures and Changes in Fund Balance – Governmental Fund in the Community Development Block Grant Fund, Community Development Block Grant – Disaster Recovery Fund, Self-Contribution Fund, Sales and Acquisition Fund, and Other Governmental Funds columns. Federal expenditures were adjusted during the current year as a result of compliance reviews conducted by the CDBG-DR program monitors, totaling $761,454.
For the fiscal year ended June 30, 2025, the PRDH disbursed $1,224,160,593 in loan advances under the CDBG-DR program (CFDA #14.228). Of this amount, $27,279,333 was expended on eligible program activities and is reported as expenditures in the Schedule of Expenditures of Federal Awards (SEFA). No loan advances remained unspent at year-end. Program income generated from loan repayments, if any, is reinvested in eligible activities in compliance with program guidelines.