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 balances of $1,349,913 and the $42,353 deferred interest balance as of the beginning of the audit period, interest credit subsidy of $47,750 and rental assistance of $143,588. The loan balance was $1,316,160 and the deferred interest balance was $45,454 as of December 31, 2025.