Audit 402947

FY End
2025-12-31
Total Expended
$89.88M
Findings
0
Programs
13
Year: 2025 Accepted: 2026-06-03

Organization Exclusion Status:

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Contacts

Name Title Type
KVLYDC1KL4W7 Joseph Carpenter Auditee
6088071718 Kirsten Houghton Auditor
No contacts on file

Notes to SEFA

Loans outstanding at the beginning of the year are included in the federal expenditures presented in the Schedule. The balance of loans outstanding at December 31, 2025 consists of: Outstanding balance at CFDA number Program name December 31, 2025 10.415 Rural Rental Housing Loans $9,012,268 10.415 Section 515 Multi-Family Housing Preservation Revolving Loan Fund Demonstration Program $1,457,782 10.447 The Rural Development (RD) Multi-Family Housing Revitalization Demonstration Program (MPR) $848,840 14.155 Mortgage Insurance for the Purchase or Refinancing of Existing Multifamily Housing Projects $19,309,547 14.157 Supportive Housing for the Elderly $673,155 14.239 HOME Investment Partnerships Program $2,799,007 14.318 ARRA - Assisted Housing Stability and Energy and Green Retrofit Investments Program $577,501
Expenditures reported on the Schedule for the Capital Magnet Fund represent amounts actually spent for qualified items plus amounts committed for future projects.