Notes to SEFA
Title: Loan/loan guarantee outstanding balances
Accounting Policies: Note 1 Summary of Significant Accounting PoliciesBasis of Presentation - This schedule includes the activity of NBC Housing, Inc. Twenty-Three, Home Mission Haven and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance).Indirect Cost Rate Home Mission Haven did not use the de minimis cost rate.Loan/Loan Guarantee Outstanding Balance - Supportive Housing for Persons with Disabilities Capital Advance - The balance outstanding at the end of the audit period was $1,393,600.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
SUPPORTIVE HOUSING FOR PERSONS WITH DISABILITIES (14.181) - Balances outstanding at the end of the audit period were 1393600.