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ANNUAL REPORT OF PROGRAM ACTIVITY

Fiscal Year 2001

 

PULASKI  COUNTY

For Period July 1, 2000 – June 30, 2001

 

     

HOMEOWNERSHIP

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

 

Home-To-Own

 

Participating Lenders in Area:

1st Financial Bank, El Dorado, (870) 863-7000; www.ffb1.com

American Progressive Mortgage, Inc., Little Rock, (501) 687-0030

Arkansas Federal Credit Union, Jacksonville, (501) 982-1000

Arvest Mortgage Company, Little Rock, (501) 374-7012; www.arvest.com/mortgage/

Bank of America, Little Rock, (501) 219-4520; www.banksofamerica.com

Bank of Arkansas Mortgage Company, Fayetteville-(5010 973-2660,

          Rogers-(501) 636-0901; www.bankofarkansas.com

Community Home Lenders, Inc., North Little Rock, (501) 771-9429;

          www.communityhl.net

Countrywide Home Loans, Inc., Little Rock, (501) 225-3100; www.countrywide.com

First Arkansas Mortgage Company, Jacksonville, (501) 985-4056

First Arkansas Mortgage Company, North Little Rock, (501) 771-4488

First Financial Bank, Little Rock, (501) 227-7087; www.ffb1.com

First Financial Bank, North Little Rock, (501) 771-0637; www.ffb1.com

Firstar Bank, N.A., Little Rock-(501) 221-2163; North Little Rock-(501) 688-1381;

          www.firstar.com

Heartland Community Bank, Bryant-(501) 847-7982; Sheridan-(870) 942-8844

Heritage Mortgage Company, Little Rock, (501) 224-0010

Metropolitan National Bank, Little Rock, (501) 978-7650; www.metbank.com

Moore Mortgage, Inc., Little Rock, (501) 225-7703; www.mooremortgage.com

Norwest Mortgage, Inc., Little Rock-(501) 221-2132; North Little Rock-

          (501) 812-4207; www.norwest.com

One Bank and Trust, Little Rock, (501) 374-4400

Pulaski Mortgage Company, Little Rock, (501) 661-7889; www.pulaskimortgage.com

Regions Mortgage, Inc., Little Rock, (501) 221-9364; www.regions.com

Regions Mortgage, Inc., North Little Rock, (501) 753-7262; www.regions.com

Simmons First Mortgage Company, Little Rock, (501) 223-4219;

          www.simmonsfirst.com/banknearyou/

Southern Development / Elk Horn Bank, Arkadelphia, (870) 246-5811;

www.ehbt.com

Superior Federal Bank, FSB, Little Rock, (501) 324-7400; www.superiorfederal.com

Telcoe Federal Credit Union, Little Rock, (501) 375-5321; www.telcoe.com

The Carroll Mortgage Group, Inc., Little Rock, (501) 228-9797;

www.carrollmortgage.com

Wells Fargo Home Mortgage, Inc., Little Rock, (501) 221-2132; www.norwest.com

Wells Fargo Home Mortgage, Inc., North Little Rock, (501) 812-4207;

          www.norwest.com

 

          FY 2001 Activity

                    No. of Loans:                                                                288

                    Total Dollar Amount:                                         $15,074,403

                    Average Loan Amount:                                     $       52,342

 

Down Payment Assistance Program (See Congressional District 2 Page for listing of Homebuyer Counselors in the area)

 

          FY 2001 Activity

                    No. of Loans:                                                                      189

                    Total Dollar Amount:                                                    $505,034

                    Average Dollar Amount:                                               $    2,672

 

     

HOUSING PRODUCTION

(See Congressional District 2 Page for listing of Affordable Housing Partners)

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

56

$0

$360,000

$0

$360,000

 

 

 

 

 

 

Rental Rehab

154

$0

$300,000

$0

$300,000

 

 

 

 

 

 

Homeowner New Construction

0

$0

$0

$0

$0

 

 

 

 

 

 

Homeowner Rehab

0

$0

$0

$0

$0

 

 

 

 

 

 

Tenant Based Rental Assistance

0

$0

$0

$0

$0

 

 

 

 

 

 

TOTAL

210

$0

$660,000

$0

$660,000

 

 

 

 

 

 

Average Amount per Unit

 

 

 

 

$3,143

 

Home Investment Loans Originated by ADFA

          No. of Loans:                                                                         1

          Total Dollar Amount:                                                     $20,000

          Average Dollar Amount:                                                $20,000

 

     

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

4

$6,880,000

$1,720,000

 

 

 

 

AEDC/Other Bond Guaranty

0

$0

$0

 

 

 

 

Higher Education Facilities

1

$200,000

$200,000

 

 

 

 

Wastewater Revolving Loan

1

$10,000,000

$10,000,000

 

 

 

 

Safe Drinking Water Revolving Loan

0

$0

$0

 

 

 

 

Business Life Program

5

$2,880

$576

 

 

 

 

ADFA-Originated Loans

2

$2,550,000

$1,275,000

 

 

 

 

Bond Guaranty Reserve Fund

2

$211,487

$105,744

 

 

 

 

Capital Access Program

5

$3,905

$781

 

 

 

 

Disadvantaged Business Enterprise

1

$50,000

$50,000

 

 

 

 

TOTAL

21

$19,898,272

$947,537

 

 

TOTAL FUNDS FOR COUNTY IN FY 2001

 

$36,157,709

Back to Congressional District 2 / Back to Statewide Statistics