Notes to SEFA
The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200.516. Therefore, some amounts presented in the schedule may differ from amounts presented in, or used in, the preparation of the financial statements.
Federal expenditures for program 10.415 include the Rural Rental Housing Loan balance of $851,439 as of the beginning of the audit period, of which $664,258 was principal and $187,181 was deferred interest. Interest Credit Subsidy of $44,566 and Rental Assistance of $130,452 are also included. The loan balance at December 31, 2025 totaled $847,974, of which $660,979 was principal and $186,995 was deferred interest.