Notes to SEFA
Title: Loan/loan guarantee outstanding balances
Accounting Policies: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Expenditures reported in this Schedule arereported on the accrual basis of accounting. Such expenditures are recognized following the costprinciples contained in the Uniform Guidance, wherein certain types of expenditures are not allowable orare limited as to reimbursement.
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 1075595.