Notes to SEFA
BRIDGE and Affiliates has received U.S. Department of Housing and Urban Development direct loans under the Community Development Block Grants and the Home Investment Partnerships Program. BRIDGE and Affiliates received two additional loans during the year ended December 31, 2025. The balance of the loans outstanding at December 31, 2025 consists of:Federal Assistance Listing Number Program Name Outstanding Balance at 12/31/25 14.218 Community Development Block Grants / Entitlement Grants $ 5,390,281 14.239 Home Investment Partnerships Program 18,289,728 14.878 Housing and Urban Development Program 500,000 $ 24,180,009
BRIDGE and Affiliates did not qualify as a low-risk auditee for the year ending December 31, 2025 solely due to the prior year Federal Audit Clearinghouse submission not being completed within 30 days of the audit report issuance. All other low-risk auditee criteria were met, and no underlying compliance or internal control deficiencies were identified.