Notes to SEFA
The accompanying schedule of expenditures of federal awards (the "Schedule") includes the federal award activity of Cleveland County Senior Citizens 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 Cleveland County Senior Citizens Housing, Inc., it is not intended to and does not present the financial position, changes in net assets, or cash flows of Cleveland County Senior Citizens Housing, Inc.
Cleveland County Senior Citizens Housing, Inc. had the following loan balance, related to federal awards, outstanding as of December 31, 2025: Program Title: Mortgage Insurance for the Purchase or Refinancing of Existing Multifamily Housing Projects (Section 223(f)/207) Insured Loans; Assistance Listing Number: 14.155; Amount Outstanding: $1,030,643.