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 $1,179,186 total of all Rural Rental Housing Loan balances and deferred interest of $198,362 as of the beginning of the audit period. Federal expenditures also include interest credit subsidy of $58,269 and rental assistance of $59,599. The loan balances and deferred interest at September 22, 2025 totaled $1,174,691 and $198,362, respectively.