FAC Explorer

Audit 41270

FY End
2022-06-30
Total Expended
$7.03M
Findings
0
Programs
2
Organization: Seton Village, Inc. (ME)
Year: 2022 Accepted: 2022-10-23
Auditor: Otis Atwell

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
14.155 Mortgage Insurance for the Purchase Or Refinancing of Existing Multifamily Housing Projects $6.16M Yes 0
14.195 Section 8 Housing Assistance Payments Program $869,336 Yes 0

Contacts

Name Title Type
R29FJ9MRZ1D8 Mike Pease Auditee
2078730178 Bridget Sylvester Auditor
No contacts on file

Notes to SEFA

Title: Loan/loan guarantee outstanding balances Accounting Policies: The Schedule of Expenditures of Federal Awards is presented using the accrual basis of accounting. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. MORTGAGE INSURANCE FOR THE PURCHASE OR REFINANCING OF EXISTING MULTIFAMILY HOUSING PROJECTS (14.155) - Balances outstanding at the end of the audit period were 6066961.