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Congressional District 4

  1. Ashley
  2. Bradley
  3. Calhoun
  4. Chicot
  5. Clark
  6. Cleveland
  7. Columbia
  8. Dallas
  9. Desha
  10. Drew
  11. Garland
  12. Grant
  13. Hempstead
  14. Hot Spring
  15. Howard
  16. Jefferson
  17. Lafayette
  18. Lincoln
  19. Little River
  20. Miller
  21. Montgomery
  22. Nevada
  23. Ouachita
  24. Pike
  25. Sevier
  26. Union

ANNUAL REPORT OF PROGRAM ACTIVITY

Fiscal Year 2001

     

CONGRESSIONAL DISTRICT 4

For Period July 1, 2000 June 30, 2001

 

Counties:          Ashley, Bradley, Calhoun, Chicot, Clark, Cleveland, Columbia, Dallas, Desha,  Drew, Garland, Grant, Hempstead, Hot Spring, Howard, Jefferson, Lafayette, Lincoln, Little River, Miller, Montgomery, Nevada, Ouachita, Pike, Sevier and Union

    

HOMEOWNERSHIP

For information on ADFA bonds issued for Homeownership during the period, see Statewide section.

 

Home-To-Own

 

          FY 2001 Activity

                No. of Loans:                                                                     144

                Total Dollar Amount:                                                $6,708,080

                Average Loan Amount:                                            $     46,584

 

Down Payment Assistance Program

 

Participating Homebuyer Counselors  in Area:

Central Arkansas Development Council, Malvern, (501) 315-1121

Community Service Office, Inc., Hot Springs, (501) 624-5724

SW Arkansas Development Council, Inc., Texarkana, (870) 773-5504

Summit Residential Services, Arkadelphia, (870) 230-1717

           FY 2001 Activity

                    No. of Loans:                                                                       50

                    Total Dollar Amount:                                                $129,125    

                    Average Dollar Amount:                                           $    2,583

 

HOUSING PRODUCTION

For information on ADFA bonds issued for Housing Production during the period, see Statewide section.

 

          FY 2001 Activity

 

 

No. Units

 

Tax-Exempt Bonds

Low Income Hsng Tax Credits

 

HOME Funds

 

Total

 

 

 

 

 

 

Rental New Construction

141

$0

$624,464

$991,443

$1,615,907

 

 

 

 

 

 

Rental Rehab

44

$0

$121,267

$0

$121,267

 

 

 

 

 

 

Homeowner New Construction

16

$0

$0

$694,000

$694,000

 

 

 

 

 

 

Homeowner Rehab

27

$0

$0

$1,562,773

$1,562,773

 

 

 

 

 

 

Tenant Based Rental Assistance

32

$0

$28,728

$46,224

$74,952

 

 

 

 

 

 

TOTAL

260

$0

$774,459

$3,294,440

$4,068,899

 

 

 

 

 

 

Average Amount per Unit

 

 

 

 

$15,650

 

Home Investment Loans Originated by ADFA

          No. of Loans:                                                                          6

          Total Dollar Amount:                                                $940,908

          Average Dollar Amount:                                           $156,818

 

Affordable Housing Partners  in  the Area:

Area Agency on Aging of Southwest Arkansas, (870) 234-7410

Arkadelphia Housing Group, (870) 246-6709

Arkansas Housing Group

Bradley Housing Authority, (870) 894-3554

Broadway Terrace Limited Partnership

Bunn Builders, (870) 246-6709

Camden / Ouachita County CHDO

Chapel Ridge Limited Partnership

Cherry Bark, LLC, (870) 382-6762

City of Eudora

City of Montrose

City of Murfreesboro, (870) 246-6709

City of Parkdale

City of Portland, (870) 737-2873

City of Wilmar, (870) 469-5609

Cutler Terrace Limited Partnership, (870) 246-4731

Delta Acres Apartments

Doc Puryear, (870) 382-6762

Drew County Public Facilities Board, (870) 376-3973

Dumas Housing Partners,  (317) 782-8063

ERC Development Group

ERC Properties, Inc., (501) 452-9950

Harrington Properties, (870) 246-3212

J.H. Thames, (601) 939-0225

Malvern Housing Authority

Marshall Planning and Development, (870) 367-6226

McGehee Housing Authority, (870) 222-3732

Miller Crossings Limited Partnership, (318) 221-1700

New Horizons, (870) 352-3200

North Arkansas Human Services, (870) 793-8900

Opportunity Lands Corp, (870) 246-4731

Phillips Companies, (501) 666-9629

Real Property Service, (702) 313-3700

Ridgecrest LP, (870) 246-8559

South Arkansas Community Development

Southeast Arkansas Community Action Corporation

Southland Properties, Inc., (870) 382-6762

Sunbelt Development, (501) 227-7730

The Providence Group, Inc., (662) 455-2888

Timber Ridge Manor

Tri-State Management, (870) 367-6226

      

DEVELOPMENT FINANCE

For information on ADFA bonds issued for Development Finance during the period, see Statewide section.

 

          FY 2001 Activity

                       

 

Program

No. Projects

Project Amount

Average Project Amount

 

 

 

 

ADFA Bond Guaranty

0

$0

$0

 

 

 

 

AEDC/Other Bond Guaranty

0

$0

$0

 

 

 

 

Higher Education Facilities

1

$770,000

$770,000

 

 

 

 

Wastewater Revolving Loan

0

$0

$0

 

 

 

 

Safe Drinking Water Revolving Loan

1

$4,000,000

$4,000,000

 

 

 

 

Business Life Program

0

$0

$0

 

 

 

 

ADFA-Originated Loans

3

$9,900,000

$3,300,000

 

 

 

 

Bond Guaranty Reserve Fund

0

$0

$0

 

 

 

 

Capital Access Program

25

$41,938

$1,678

 

 

 

 

Disadvantaged Business Enterprise

0

$0

$0

 

 

 

 

TOTAL

30

$15,881,938

$529,398

 

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