Notes to SEFA
The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200:516. Therefore, some amounts presented in the schedule may differ from amounts presented in, or used in, the preparation of the financial statements.
Federal expenditures for program 10.415 include the Rural Rental Housing Loan balances of $2,771,334 as of the beginning of the audit period, the interest credit subsidy amount of $141,894 and rental assistance of $459,984. The loan balances at December 31, 2025 totaled $2,713,686.