Notes to SEFA
The Organization had the following loan balance outstanding as of September 30, 2025. This program is also included in the federal expenditures presented in the Schedule as follows: Federal Assistance Cluster/Program Title Listing Number Amount HOME Investment Partnership Program loan balance 14.239 $ 900,000
Federal and state government grants revenue per audit: $ 3,992,953 Add: Amounts reported as forgivable mortgages 900,000 Add: Amounts reported as program fees 6,502 Adjusted government grants revenue per audit 4,899,455 Expenses per Schedules Schedule of Federal Awards $ 1,921,947 Schedule of State Financial Assistance 2,977,508 Total expenses per Schedules 4,899,455 Variance $ -