Notes to SEFA
The Property has received a HUD capital advance under section 811 of the National Housing Act. The capital advance outstanding at the beginning of the year is included in the federal expenditures presented in the schedule. The Property received no additional capital advances during the year.
The amounts presented as federal expenditures represent only the federal portion of the actual program costs. Actual program costs, including the Property’s portion, may be more than is shown on the schedule.