Notes to SEFA
Title: Loan/loan guarantee outstanding balances
Accounting Policies: Note 1- Basis of PresentationThe accompanying schedule of expenditures of federal awards includes the federal capital advance activity ofHarney Senior Housing, Inc. The information in this schedule is presented in accordance with the requirementsof Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, CostPrinciples, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, some amounts presentedin this schedule may differ from amounts presented in, or used in the preparation of the basic financial statements.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
SUPPORTIVE HOUSING FOR THE ELDERLY (14.157) - Balances outstanding at the end of the audit period were 1575900.