Notes to SEFA
Rural Neighborhoods, Inc. and its Affiliates have received direct loans under the federal programs as listed below. The loan balances outstanding at the beginning of the year are included in the federal expenditures presented in the schedule. Rural Neighborhoods, Inc. and its Affiliates received no additional loans during the year. The balance of the loans outstanding at December 31, 2025 consists of U.S. Department of Agriculture Farm Labor Housing Loans and Grants Program (10.405) with balance of $12,731,736, Section 202 Capital Advance program (14.157) with balance of $3,837,200, and Community Project Funding and Economic Development Initiative (14.251) with balance of $2,000,000.