The accompanying schedule of expenditures of federal awards includes the federal grant activity of Spokane Neighborhood Action Partners and is presented on the accrual basis of accounting. 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). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements.
The federal loan programs listed subsequently are administered directly by SNAP, and balances and transactions relating to these programs are included in SNAP’s basic financial statements. Loans outstanding at the beginning of the year and loans made during the year are included in the federal expenditures presented in the Schedule of Expenditures of Federal Awards. The balance of loans outstanding at December 31, 2025, consists of: Balance Balance Assistance Pass-through Total Outstanding Outstanding FD Listing Entity Identifying/ Authorized at End at Beginning Number Number Awards Number Period of Award Loan of Year of Year U.S. Dep ar t ment o f Ho us i ng and Ur b an Devel o pment -HOME Investment Partnerships Passed through Washington State Department of Commerce Riverwalk Point I 538 14.239 02-40420-003 12/31/06-12/31/52 1,086,611 1,003,923 1,013,156 Riverwalk Point I 538 14.239 02-40420-003 12/31/06-12/31/28 248,093 88,270 91,815 Passed through Spokane County Housing and Community Development RWPII HOME Loan 509 14.239 06-16A 01/01/08-05/31/49 200,000 120,000 125,000 Pine Villa HOME Loan 083 14.239 01/01/25-01/01/45 3,236,384 2,394,056 - -Total HOME Investment Partnerships 4,771,088 3,606,249 1,229,971 Uni t ed St at es Dep ar t ment o f A g r i cul t ur e -Rural Rental Housing Program Woodhaven USDA RRH Loan 802 10.415 Case# 56-033-586245552 12/09/02-05/31/34 177,732 125,927 130,834 Wilbur USDA RRH Loan 803 10.415 Case# 56-22-133-7868 09/22/1981-09/22/31 570,000 289,875 303,423 -Total Rural Rental Housing Program 747,732 415,802 430,880 Total Loans $ 5,518,820 $ 4,022,051 $ 1,660,851