Notes to SEFA
Expenditures classified as loans in the Schedule include beginning of the audit period balances for loans from previous years for which the federal government imposes continuing compliance requirements. Several of these loans are not required to be repaid unless the Organization is in default with the terms of the loan agreements or if an operating surplus occurs within that program. Federal loans included in the Schedule had the following balances at June 30, 2025: Section 8 Housing Assistance Payment Program, PTIN-N/A, ALN-14.195, $156,019; Community Development Block Grants, PTIN-Unknown, ALN-14.228, $91,000; Community Development Block Grants, PTIN-611512, ALN-14.228, $300,000; Economic Development Initiative, PTIN-Unknown, ALN-14.228, $65,000; Home Investment Partnerships Program, PTIN-Unknown, ALN-14.239, $250,000; Home Investment Partnerships Program, PTIN-Unknown, ALN-14.229, $580,000;conomic Development Initiative, PTIN-B05-06-MC-33-0022, ALN-14.246, $150,000; Total-$1,592,019.