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Congressional District 1

 

  1. Arkansas
  2. Clay
  3. Cleburn
  4. Craighead
  5. Crittenden
  6. Cross
  7. Fulton
  8. Green
  9. Independence
  10. Izard
  11. Jackson
  12. Lawrence
  13. Lee
  14. Lonoke
  15. Mississippi
  16. Monroe
  17. Phillips
  18. Prairie
  19. Poinsett
  20. Randolph
  21. Searcy
  22. Sharp
  23. Stone
  24. St. Francis
  25. Woodruff

 

ANNUAL REPORT OF PROGRAM ACTIVITY

Fiscal Year 2001

     

CONGRESSIONAL DISTRICT 1

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

  

HOMEOWNERSHIP

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

 

Home-To-Own

           FY 2001 Activity

                   No. of Loans:                                                            326

                       Total Dollar Amount:                                                $20,895,506

                       Average Loan Amount:                                             $       64,097

 

Down Payment Assistance Program

 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

 

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

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

 

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

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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