The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of the Authority 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) and Chapter 10.550, Rules of the Auditor General. Because the Schedule presents only a selected portion of the operations of the Authority, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Authority.
During the year the Authority received $105,937,525 in Section 8 Housing Choice Voucher (ALN 14.871), $3,023,339 in Emergency Housing Voucher (ALN 14.871) and $6,816,356 in Mainstream Voucher Program (ALN 14.879) totaling $115,777,220 in federal funding. On accrual basis, the Authority reported expenses of $103,947,269 for Section 8 Housing Choice Voucher (ALN 14.871), $3,202,240 for Emergency Housing Voucher (ALN 14.871) and $6,452,260 for Mainstream Voucher Program (ALN 14.879) totaling $113,601,769, which were paid with federal and nonfederal funds.
The Authority received $2,397,162 in federal funding for the Public and Indian Housing (ALN 14.850) during the year. The Authority reported $10,482,219 in expenses on an accrual basis for the Public and Indian Housing Program during the year, which were paid with federal and nonfederal funds.
The Authority had the following loan balance outstanding at December 31, 2025: Amount Program Title Outstanding Passed Through the City of Hialeah: HOME Investments Partnerships Program $ 6,278,652 HOME Investments Partnerships Program 293,040 Total Loans Outstanding $ 6,571,692