Notes to SEFA
In addition to programs reported on the Schedule of Expenditures of Federal Awards, the Eastport Non-Profit Housing Corporation has outstanding federal loans as follows. We have considered these outstanding loan balances in determining programs to be tested under the Uniform Guidance.
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of the Eastport Non-Profit Housing Corporation under programs of the federal government for the year ended December 31, 2025. 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). Because the Schedule presents only a selected portion of the operations of the Eastport Non-Profit Housing Corporation, it is not intended to and does not present the financial position, changes in net assets or cash flows of the Eastport Non-Profit Housing Corporation.