Notes to SEFA
The accompanying schedule of expenditures of federal awards (the "Schedule") includes the federal award activity of Brockwood Community Association, 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 Brockwood Community Association, it is not intended to and does not present the financial position, changes in net assets, or cash flows of Brockwood Community Association.
Brockwood Community Association 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 Loan; Assistance Listing Number: 14.155; Amount Outstanding: $1,966,240.