The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal award activity of the Sacramento Housing and Redevelopment Agency (Agency) 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 2 CFR 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 Agency, it is not intended to and does not present the financial position, changes in net position, or cash flows of the Agency.
The Agency participates in the Community Development Block Grants/Entitlement Grants, Community Development Block Grants – Section 108 Loans and Home Investment Partnerships federal loan programs. The balance of the loans from previous years and current year loan activity, as required under the Uniform Guidance, are presented in the Schedule of Expenditures of Federal Awards. The following is a summary of changes in federal loan balances for the year ended December 31, 2025: Balance at Payments/ Balance at January 1, 2025 Additions Adjustments December 31, 2025 Revolving Loan Funds: Community Development Block Grants/Entitlement Grants $ 33,728,864 $ - $ 106,566 33,835,430 Community Development Block Grants - Section 108 Loans 5,499,991 - - 5,499,991 Home Investment Partnerships Program 156,088,233 15,347,451(6,751,998)164,683,686 195,317,088 15,347,451 (6,645,432) 204,019,107 HUD Loans Payable: Community Development Block Grants - Section 108 Loans 10,755,098 2,123,000 (687,000) 12,191,098 Totals $ 206,072,186 $ 17,470,451 $ (7,332,432) $ 216,210,205