Notes to SEFA
Title: Loan/loan guarantee outstanding balances
Accounting Policies: FINANCIAL STATEMENT PRESENTATIONNet assets are classified based on the existence or absence of donor imposedAccordingly, net assets and changes therein are classified and reported as followsNet Assets Without Donor Restrictions Net assets available for use in general operations and not subject to donor restrictionsgoverning board has designated, from net assets without donor restrictions,construction and development.Net Assets With Donor RestrictionsNet assets subject to donor-imposed restrictions. Some donor restrictions arenature, such as those that will be met by the passage of time or other events specifieddonor. Other donor-imposed restrictions are perpetual in nature, where the donorthat resources be maintained in perpetuity. Donor-imposed restrictions are releaseda restriction expires, that is when the stipulated time has elapsed, when thepurpose for which the resource was restricted has been fulfilled, or both.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
HOME INVESTMENT PARTNERSHIPS PROGRAM (14.239) - Balances outstanding at the end of the audit period were 330000. HOME INVESTMENT PARTNERSHIPS PROGRAM (14.239) - Balances outstanding at the end of the audit period were 514835. HOME INVESTMENT PARTNERSHIPS PROGRAM (14.239) - Balances outstanding at the end of the audit period were 139035. HOME INVESTMENT PARTNERSHIPS PROGRAM (14.239) - Balances outstanding at the end of the audit period were 491790. HOME INVESTMENT PARTNERSHIPS PROGRAM (14.239) - Balances outstanding at the end of the audit period were 150095. HOME INVESTMENT PARTNERSHIPS PROGRAM (14.239) - Balances outstanding at the end of the audit period were 40000.