 |
|
|
|
Counties: Conway, Faulkner, Perry, Pulaski, Saline, Van Buren, White and Yell
|
FY |
NO. LOANS |
DOLLAR AMOUNT |
MEAN LOAN AMT. |
MEDIAN LOAN AMT. |
|
2006 |
216 |
$16,952,188.53 |
$78,482.35 |
$76,115.00 |
|
2005 |
197 |
$14,793,472.00 |
$75,093.77 |
$75,899.00 |
Loans by Originator
|
Originator / Branch |
FY |
No. Loans |
Dollar Amount |
|
Arkansas Federal Credit Union, Jacksonville, AR |
2006 |
3 |
$222,150.00 |
|
2005 |
5 |
$364,700.00 |
|
|
Arvest Mortgage Company, Lowell, AR |
2006 |
7 |
$524,337.00 |
|
2005 |
13 |
$950,069.00 |
|
|
Bank of Dardanelle, Russellville, AR |
2006 |
24 |
$1,587,577.00 |
|
2005 |
19 |
$1,142,393.00 |
|
|
Bank of the Ozarks, Little Rock, AR |
2006 |
9 |
$828,592.53 |
|
2005 |
6 |
$394,113.00 |
|
|
Cornerstone Mortgage Center, Little Rock, AR |
2006 |
8 |
$623,836.00 |
|
2005 |
3 |
$195,812.00 |
|
|
Countrywide Home Loans, Inc., North Little Rock, AR |
2006 |
1 |
$85,655.00 |
|
2005 |
17 |
$1,491,514.00 |
|
|
Elk Horn Bank Trust, Arkadelphia, AR |
2006 |
1 |
$75,000.00 |
|
2005 |
0 |
$0.00 |
|
|
First Arkansas Mortgage, Jacksonville, AR |
2006 |
2 |
$116,767.00 |
|
2005 |
2 |
$194,947.00 |
|
|
First Arkansas Valley Bank, Clarksville, AR |
2006 |
1 |
$63,000.00 |
|
2005 |
0 |
$0.00 |
|
|
First Arkansas Valley Bank, Russellville, AR |
2006 |
8 |
$541,198.00 |
|
2005 |
8 |
$586,450.00 |
|
|
First Arkansas Valley Bank, Searcy, AR |
2006 |
1 |
$98,719.00 |
|
2005 |
1 |
$57,049.00 |
|
|
First Financial Bank, North Little Rock, AR |
2006 |
1 |
$69,213.00 |
|
2005 |
1 |
$93,532.00 |
|
|
First Security Bank, Conway, AR |
2006 |
6 |
$469,439.00 |
|
2050 |
4 |
$354,004.00 |
|
|
First Security Bank, Searcy, AR |
2006 |
11 |
$800,328.00 |
|
2005 |
12 |
$977,386.00 |
|
|
Metropolitan National Bank, Little Rock, AR |
2006 |
13 |
$1,079,610.00 |
|
2005 |
9 |
$740,257.00 |
|
|
Moore Mortgage, Little Rock, AR |
2006 |
6 |
$446,430.00 |
|
2005 |
1 |
$60,025.00 |
|
|
Moore Mortgage, Lowell, AR |
2006 |
1 |
$108,641.00 |
|
2005 |
5 |
$334,278.00 |
|
|
Pulaski Mortgage Company, Bryant, AR |
2006 |
8 |
$763,538.00 |
|
2005 |
6 |
$493,421.00 |
|
|
Pulaski Mortgage Company, Conway, AR |
2006 |
1 |
$49,227.00 |
|
2005 |
1 |
$73,742.00 |
|
|
Pulaski Mortgage Company, Little Rock, AR |
2006 |
44 |
$3,492,093.00 |
|
2005 |
27 |
$2,035,032.00 |
|
|
Regions Mortgage, Inc., Benton, AR |
2006 |
2 |
$140,790.00 |
|
2005 |
1 |
$61,042.00 |
|
|
Regions Mortgage, Inc., Little Rock, AR |
2006 |
20 |
$1,414,651.00 |
|
2005 |
28 |
$2,075,673.00 |
|
|
Regions Mortgage, Inc., Searcy, AR |
2006 |
3 |
$227,369.00 |
|
2005 |
1 |
$67,497.00 |
|
|
Simmons First Bank, Russellville, AR |
2006 |
4 |
$267,700.00 |
|
2005 |
6 |
$409,750.00 |
|
|
Simmons First Mortgage, Searcy, AR |
2006 |
0 |
$0.00 |
|
2005 |
3 |
$231,071.00 |
|
|
Simmons First National Bank, Pine Bluff, AR |
2006 |
1 |
$157,751.00 |
|
2005 |
4 |
$293,932.00 |
|
|
Simmons First National Bank, Searcy, AR |
2006 |
5 |
$386,206.00 |
|
2005 |
0 |
$0.00 |
|
|
Summit Bank, Inc., Benton, AR |
2006 |
4 |
$366,050.00 |
|
2005 |
0 |
$0.00 |
|
|
The Carroll Mortgage Group, Inc., Little Rock, AR |
2006 |
20 |
$1,858,795.00 |
|
2005 |
11 |
$892,158.00 |
|
|
Union Bank of Benton, Benton, AR |
2006 |
0 |
$0.00 |
|
2005 |
1 |
$102,655.00 |
|
|
United Bank, Little Rock, AR |
2006 |
1 |
$87,526.00 |
|
2005 |
0 |
$0.00 |
|
|
US Bank Home Mortgage, North Little Rock, AR |
2006 |
0 |
$0.00 |
|
2005 |
2 |
$120,970.00 |
|
New or Existing |
FY |
No. Loans |
Dollar Amount |
|
Existing Construction |
2006 |
196 |
$14,962,319.53 |
|
2005 |
165 |
$11,816,322.00 |
|
|
New or Proposed Construction |
2006 |
20 |
$1,989,869.00 |
|
2005 |
32 |
$2,977,150.00 |
Loans by Loan Type
|
Loan Type |
FY |
No. Loans |
Dollar Amount |
|
FHA |
2006 |
162 |
$12,953,848.00 |
|
2005 |
157 |
$11,911,941.00 |
|
|
VA |
2006 |
2 |
$186,112.00 |
|
2005 |
3 |
$294,832.00 |
|
|
Conventional |
2006 |
14 |
$1,002,635.00 |
|
2005 |
12 |
$681,479.00 |
|
|
Rural Development |
2006 |
38 |
$2,809,593.53 |
|
2005 |
25 |
$1,905,220.00 |
Demographics
|
Ethnicity |
FY |
No. Loans |
Dollar Amount |
Percent |
|
Non-Minorities |
2006 |
135 |
$10,329,270.53 |
62.5% |
|
2005 |
107 |
$7,996,901.00 |
54.3% |
|
|
Minorities |
2006 |
80 |
$6,512,283.00 |
37.0% |
|
2005 |
74 |
$5,504,617.00 |
37.6% |
|
|
Unknown |
2006 |
1 |
$110,635.00 |
0.5% |
|
2005 |
16 |
$1,291,954.00 |
8.1% |
|
Ethnicity |
FY |
Mean Income |
Median Income |
|
Non-Minorities |
2006 |
$33,530.42 |
$33,264.00 |
|
2005 |
$36,214.60 |
$34,476.00 |
|
|
Minorities |
2006 |
$34,644.84 |
$34,664.84 |
|
2005 |
$34,202.64 |
$38,100.00 |
|
|
Unknown |
2006 |
$39,000.00 |
$39,000.00 |
|
2005 |
$38,340.90 |
$41,796.00 |
|
Gender-Head of Hshld |
FY |
No. |
Pct. |
|
Males |
2006 |
105 |
48.6% |
|
2005 |
104 |
52.8% |
|
|
Females |
2006 |
110 |
50.9% |
|
2005 |
89 |
45.2% |
|
|
Unknown |
2006 |
1 |
0.5% |
|
2005 |
4 |
2.0% |
|
FY 2006 |
Average Age of Head of Household: |
|
31.3 |
|
FY 2005 |
|
31.8 |
|
FY 2006 |
Average Household Size: |
|
2.2 |
|
FY 2005 |
|
2.4 |
|
|
|
|
|
|
|
FY 2006 |
Loan Cancellation Rate: |
|
24.7% |
|
FY 2005 |
|
27.3% |
|
FY |
NO. LOANS |
DOLLAR AMOUNT |
MEAN LOAN AMT. |
% OF H2O LOANS |
|
2006 |
97 |
$253,390.26 |
$2,612.27 |
44.9% |
|
2005 |
126 |
$335,226.00 |
$2,660.52 |
64.0% |
Loans by Homebuyer Counselor
|
Counselor |
FY |
No. Loans |
Dollar Amount |
|
Argenta Neighborworks Homeownership Center, North Little Rock, AR |
2006 |
9 |
$22,364.00 |
|
2005 |
18 |
$45,618.00 |
|
|
Arkansas River Valley Area Council, Inc., Dardanelle, AR |
2006 |
6 |
$11,005.00 |
|
2005 |
3 |
$8,145.00 |
|
|
Black Community Development Program |
2006 |
8 |
$23,150.00 |
|
2005 |
0 |
$0.00 |
|
|
Community Resource Technicians, Little Rock, AR |
2006 |
14 |
$35,726.00 |
|
2005 |
18 |
$49,236.00 |
|
|
Crawford Sebastian CDC, Fort Smith, AR |
2006 |
0 |
$0.00 |
|
2005 |
1 |
$2,200.00 |
|
|
Dream Makers Housing Counseling Agency, Pine Bluff, AR |
2006 |
7 |
$19,114.00 |
|
2005 |
9 |
$23,736.00 |
|
|
Family Service Agency, Little Rock, AR |
2006 |
0 |
$0.00 |
|
2005 |
1 |
$3,000.00 |
|
|
In Affordable Housing, Inc., Little Rock, AR |
2006 |
35 |
$97,552.26 |
|
2005 |
63 |
$168.279.00 |
|
|
Promiseland CDC, Little Rock, AR |
2006 |
1 |
$3,000.00 |
|
2005 |
0 |
$0.00 |
|
|
Universal Housing Development Corporation, Russellville, AR |
2006 |
6 |
$16,000.00 |
|
2005 |
13 |
$35,012.00 |
|
|
Unknown |
2006 |
11 |
$25,479.00 |
|
2005 |
0 |
$0.00 |
|
New or Existing |
FY |
No. Loans |
Dollar Amount |
|
Existing Construction |
2006 |
90 |
$233,495.26 |
|
2005 |
105 |
$277,701.00 |
|
|
New or Proposed Construction |
2006 |
7 |
$19,895.00 |
|
2005 |
21 |
$57,525.00 |
Demographics
|
Ethnicity |
FY |
No. Loans |
Dollar Amount |
Pct |
|
Non-Minorities |
2006 |
60 |
$154,183.26 |
61.9% |
|
2005 |
65 |
$171,158.00 |
51.6% |
|
|
Minorities |
2006 |
37 |
$99,207.00 |
38.1% |
|
2005 |
45 |
$119,763.00 |
35.7% |
|
|
Unknown |
2006 |
0 |
$0.00 |
0.0% |
|
2005 |
16 |
$44,305.00 |
12.7% |
|
FY 2006 |
Loan Cancellation Rate: |
|
16.4% |
|
FY 2005 |
|
16.4% |
|
FY |
NO. LOANS |
DOLLAR AMOUNT |
MEAN LOAN AMT. |
% OF H2O LOANS |
|
2006 |
44 |
$176,685.00 |
$4,015.57 |
20.4% |
|
2005 |
24 |
$100,501.00 |
$4,187.54 |
12.2% |
Loans by Homebuyer Counselor
|
Counselor |
FY |
No. Loans |
Dollar Amount |
|
Argenta Neighborworks Homeownership Center, North Little Rock, AR |
2006 |
3 |
$14,887.00 |
|
2005 |
1 |
$4,640.00 |
|
|
Black Community Development Program |
2006 |
2 |
$7,920.00 |
|
2005 |
0 |
$0.00 |
|
|
Community Resource Technicians, Little Rock, AR |
2006 |
11 |
$42,003.00 |
|
2005 |
4 |
$20,000.00 |
|
|
Dream Makers Housing Counseling Agency, Pine Bluff, AR |
2006 |
3 |
$11,305.00 |
|
2005 |
1 |
$4,455.00 |
|
|
In Affordable Housing, Inc., Little Rock, AR |
2006 |
19 |
$75,905.00 |
|
2005 |
11 |
$41,260.00 |
|
|
Mississippi County EOC, Blytheville, AR |
2006 |
0 |
$0.00 |
|
2005 |
1 |
$5,000.00 |
|
|
Promiseland CDC, Little Rock, AR |
2006 |
1 |
$3,700.00 |
|
2005 |
0 |
$0.00 |
|
|
Universal Housing Development Corporation, Russellville, AR |
2006 |
4 |
$11,115.00 |
|
2005 |
6 |
$25,146.00 |
|
|
Unknown |
2006 |
1 |
$9,850.00 |
|
2005 |
0 |
$0.00 |
|
New or Existing |
FY |
No. Loans |
Dollar Amount |
|
Existing Construction |
2006 |
40 |
$159,832.00 |
|
2005 |
15 |
$63,505.00 |
|
|
New or Proposed Construction |
2006 |
4 |
$16,853.00 |
|
2005 |
9 |
$36,996.00 |
Demographics
|
Ethnicity |
FY |
No. Loans |
Dollar Amount |
Pct |
|
Non-Minorities |
2006 |
26 |
$102,902.00 |
59.1% |
|
2005 |
12 |
$47,071.00 |
50.0% |
|
|
Minorities |
2006 |
18 |
$73,783.00 |
40.9% |
|
2005 |
12 |
$53,430.00 |
50.0% |
|
FY 2006 |
Loan Cancellation Rate: |
|
41.3% |
|
FY 2005 |
|
33.3% |
|
TOTAL HOMEOWNERSHIP FY 2006: |
$17,382,263.79 |
|
Total Homeownership FY 2005: |
$15,229,199.00 |
|
Growth 05 to 06: |
+12.4% |
HOME Allocations / Board Approvals
|
|
FY |
No. Units |
HOME Funds |
|
Rental New Construction |
2006 |
10 |
$400,000.00 |
|
2005 |
20 |
$800,000.00 |
|
|
Rental Rehab |
2006 |
0 |
$0.00 |
|
2005 |
10 |
$400,000.00 |
|
|
Homeowner New Construction |
2006 |
0 |
$0.00 |
|
2005 |
5 |
$440,000.00 |
|
|
Homeowner Rehab or Mortgage Subsidy |
2006 |
30 |
$847,293.45 |
|
2005 |
11 |
$291,700.00 |
|
|
Tenant Based Rental Assistance |
2006 |
83 |
$457,440.00 |
|
2005 |
50 |
$362,000.00 |
|
|
Acq / Rehab |
2006 |
14 |
$528,000.00 |
|
2005 |
31 |
$1,190,000.00 |
|
TOTAL |
2006 |
137 |
$2,232,733.45 |
|
2005 |
127 |
$3,483,700.00 |
|
|
Average Amount per Unit |
2006 |
|
$16,297.32 |
|
2005 |
|
$27,430.71 |
Low-Income Housing Tax Credits / Board Approvals
|
|
FY |
No. Units |
Federal LIHTC |
State LIHTC |
Total Funds |
Average Per Unit |
|
Total |
2006 |
53 |
$332,137.00 |
$42,486.00 |
$374,623.00 |
$7,068.36 |
|
2005 |
476 |
$1,836,850.00 |
$0.00 |
$1,836,850.00 |
$3,858.93 |
Multifamily Housing Bonds
|
|
FY |
No. Units |
Dollar Amount |
Average per Unit |
|
Total |
2006 |
0 |
$0.00 |
$0.00 |
|
2005 |
462 |
$20,200,000.00 |
$43,722.94 |
|
TOTAL HOUSING PRODUCTION FY 2006: |
$2,607,356.45 |
|
Total Housing Production FY 2005: |
$25,520,550.00 |
|
Growth 05 to 06: |
-89.8% |
|
Program |
FY |
No. Projects |
Project Amount |
Average Project Amount |
|
ADFA Bond Guaranty |
2006 |
0 |
$0.00 |
$0.00 |
|
2005 |
1 |
$150,000.00 |
$150,000.00 |
|
|
ADED/Other Bond Guaranty |
2006 |
0 |
$0.00 |
$0.00 |
|
2005 |
0 |
$0.00 |
$0.00 |
|
|
Higher Education Facilities |
2006 |
0 |
$0.00 |
$0.00 |
|
2005 |
1 |
$1,140,000.00 |
$1,140,000.00 |
|
|
Wastewater Revolving Loan |
2006 |
0 |
$0.00 |
$0.00 |
|
2005 |
1 |
$13,000,000.00 |
$13,000,000.00 |
|
|
Safe Drinking Water Revolving Loan |
2006 |
1 |
$1,250,000.00 |
$1,250,000.00 |
|
2005 |
2 |
$3,550,000.00 |
$1,775,000.00 |
|
|
Bond Guaranty Reserve Fund |
2006 |
0 |
$0.00 |
$0.00 |
|
2005 |
0 |
$0.00 |
$0.00 |
|
|
Capital Access Program |
2006 |
0 |
$0.00 |
$0.00 |
|
2005 |
0 |
$0.00 |
$0.00 |
|
|
State Facilities Financing |
2006 |
0 |
$0.00 |
$0.00 |
|
2005 |
4 |
$78,250,000.00 |
$19,562,500.00 |
|
|
Interim Loans with other Agencies |
2006 |
0 |
$0.00 |
$0.00 |
|
2005 |
1 |
$5,000,000.00 |
$5,000,000.00 |
|
|
Special Projects Fund |
2006 |
1 |
$5,000,000.00 |
$5,000,000.00 |
|
2005 |
2 |
$14,000,000.00 |
$7,000,000.00 |
|
|
Taxable Industrial Revenue Bonds |
2006 |
0 |
$0.00 |
$0.00 |
|
2005 |
0 |
$0.00 |
$0.00 |
|
TOTAL DEV. FINANCE FY 2006: |
$6,250,000.00 |
|
Total DEV. FINANCE FY 2005: |
$115,090,000.00 |
|
Growth 05 to 06: |
-94.6% |
$26,239,839.24
$155,839,749.00
-83.2%
