Notes to SEFA
The accompanying schedule of expenditures of federal awards (the "Schedule") includes the federal award activity of Trinity Building Corporation, 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 Trinity Building Corporation, it is not intended to and does not present the financial position, changes in net assets, or cash flows of Trinity Building Corporation.
Trinity Building Corporation had the following loan balances, related to federal awards, outstanding as of December 31, 2025: Program Title - Assistance Listing Number - Amount Outstanding: Operating Assistance for Troubled Multifamily Housing Projects - 14.164 - $1,202,934; Mortgage Insurance, Rental and Cooperative Housing for Moderate Income Families and Elderly, Market Interest Rate (Section 221(d)(3) and (4) Multifamily - Market Rate Housing) - 14.135 - $7,946,923.