Notes to SEFA
Willow Street Residences – This Housing Finance Agencies (HFA) Risk Sharing Mortgage was received in a prior year. This mortgage is insured by HUD and is subject to continuing compliance requirements. The balance of this mortgage at December 31, 2025 was $3,040,036. Colorado Jewell – This Housing Finance Agencies (HFA) Risk Sharing Mortgage was converted from a construction loan on December 17, 2025. This mortgage is insured by HUD and is subject to continuing compliance requirements. The balance of this mortgage at December 31, 2025 was $9,000,000.