Notes to SEFA
The Schedule of Expenditures of Federal Awards (Schedule) presents the federal award activity of HFA HUD Properties, LLC. 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 HFA HUD Properties, LLC, it is not intended to and does not present the financial position, changes in net deficit, or cash flows of HFA HUD Properties, LLC.