Notes to SEFA
The accompanying schedule of expenditures of federal awards (the "Schedule") includes the federal award activity of Iris M. Battle Housing, Inc., under programs of the federal government for the year ended December 31, 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 Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of Iris M. Battle Housing, Inc., it is not intended to and does not present the financial position, changes in net assets, or cash flows of Iris M. Battle Housing, Inc.
Iris M. Battle Housing, Inc. had the following capital advance loan balance outstanding as of December 31, 2025: Program Title: Supportive Housing for the Elderly (Section 202 Capital Advance Grant); Assistance Listing Number: 14.157; Amount Outstanding: $3,344,800.