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Fiscal Year 2001
For Period July 1, 2000 – June 30, 2001
Counties: Arkansas, Clay, Cleburne, Craighead, Crittenden, Cross, Fulton, Greene, Independence, Izard, Jackson, Lawrence, Lee, Lonoke, Mississippi, Monroe, Phillips, Poinsett, Prairie, Randolph, Searcy, Sharp, St. Francis, Stone and Woodruff
For information on ADFA bonds issued for Homeownership during the period, see Statewide section.
FY 2001 Activity
Total Dollar Amount: $20,895,506
Average Loan Amount: $ 64,097
Participating Homebuyer Counselors in the Area:
Crowley’s Ridge Development
Council, Inc., Jonesboro, (870) 935-8610
East Arkansas Legal Services, West Memphis, (870), 732-6370
Mississippi County Arkansas, E.O.C., Blytheville, (870) 532-2348
FY 2001 Activity
No. of Loans: 88
Total Dollar Amount: $223,010
Average Dollar Amount: $ 2,534
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 |
459 |
$5,200,000 |
$1,253,814 |
$1,344,900 |
$7,798,714 |
|
|
|
|
|
|
|
|
Rental Rehab |
106 |
$1,525,000 |
$59,113 |
$365,000 |
$1,949,113 |
|
|
|
|
|
|
|
|
Homeowner New Construction |
6 |
$0 |
$0 |
$200,000 |
$200,000 |
|
|
|
|
|
|
|
|
Homeowner Rehab |
29 |
$0 |
$330,628 |
$976,571 |
$1,307,199 |
|
|
|
|
|
|
|
|
Tenant Based Rental Assistance |
85 |
$0 |
$0 |
$182,417 |
$182,417 |
|
|
|
|
|
|
|
TOTAL |
685 |
$6,725,000 |
$1,643,555 |
$3,068,888 |
$11,437,443 |
|
|
|
|
|
|
|
|
Average Amount per Unit |
|
|
|
|
$16,697 |
Home Investment Loans Originated by ADFA
No. of Loans: 22
Total Dollar Amount: $1,262,018
Average Dollar Amount: $ 57,364
Affordable Housing Partners in the Area:
AFFHOUSE, LLC
ALCO Properties, Inc.
Arkansas Land and Farm Development Corporation
ARKCO Housing, Inc., (870) 572-1814
Bailley Properties
Bill Bunn, (870) 246-6709
Blytheville Senior Citizens LP, (870) 424-7460
Bradford Apartments
Bradley Planning & Development Corporation, (870) 367-6227
Central Arkansas Planning and Development, (501) 676-2721
Chapel Ridge Limited Partnership
City of Clarendon
City of Edmondson, (870) 735-6946
City of Gilmore
City of Marianna, (870) 295-6089
City of Piggott, (870) 598-5884
City of Turrell
City of West Helena
Community Development Group, (501) 375-8824
Cove Creek Senior Citizen Apartments
Crowley’s Ridge Development Council, Inc., (870) 935-8610
Delta Dream Builders
Delta Research & Development, (870) 732-1723
Domicile Property Management, Inc. (210) 220-1908
ECS Planning and Management
ERC Properties, Inc., (501) 452-9950
For Us, Inc.
Forrest City Housing Association
Gary Lynch, (317) 782-8063
Helena Housing Partners, (317) 782-8063
Herman lee, (870) 793-5711
J.H. Thames, (601) 939-0225
James Construction, (501) 676-5131
Jonesboro Housing Authority, (870) 933-4635
Leisure Homes Corporation, (870) 424-7460
MACO Construction, (573) 448-3564
Malcolm Manor Limited Partnership
North Arkansas Human Services System, (870) 793-8900
North/South Properties, (870) 673-1655
Northwest Regional Housing Development Corporation, (870) 741-5522
Opportunity Lands Corporation, (870) 246-4731
Park Development LLC
Phillips Companies, (501) 66-9627
Property Management Corp., (870) 425-6067
Roy Stanley, (501) 521-6686
Southern Management, (870) 933-7076
Star Management, (870) 382-5141
Stuttgart Housing
Sunbelt Development Corporation, (501) 227-7730
Sunbelt Management Company, (205) 878-2408
Tar-Pas Apartments, LTD
TESCO Property, (901) 759-1855
The Meadows Limited Partnership
Timberlake Development (501) 362-2877
United Development Corporation, (901) 324-9422
Village Oaks Limited Partnership
West Helena Limited Partnership
White River Regional Housing Development Corporation, (870) 368-5200
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 |
1 |
$150,000 |
$150,000 |
|
|
|
|
|
|
AEDC/Other Bond Guaranty |
1 |
$415,000 |
$415,000 |
|
|
|
|
|
|
Higher Education Facilities |
1 |
$770,000 |
$770,000 |
|
|
|
|
|
|
Wastewater Revolving Loan |
1 |
$5,000,000 |
$5,000,000 |
|
|
|
|
|
|
Safe Drinking Water Revolving Loan |
0 |
$0 |
$0 |
|
|
|
|
|
|
Business Life Program |
0 |
$0 |
$0 |
|
|
|
|
|
|
ADFA-Originated Loans |
1 |
$234,000 |
$234,000 |
|
|
|
|
|
|
Bond Guaranty Reserve Fund |
0 |
$0 |
$0 |
|
|
|
|
|
|
Capital Access Program |
4 |
$13,395 |
$3,349 |
|
|
|
|
|
|
Disadvantaged Business Enterprise |
0 |
$0 |
$0 |
|
|
|
|
|
|
TOTAL |
9 |
$6,582,395 |
$731,377 |
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