 |
|
|
|
Counties: Ashley, Bradley, Calhoun, Chicot, Clark, Cleveland, Columbia, Dallas, Desha, Drew, Garland, Grant, Hempstead, Hot Spring, Howard, Jefferson, Lafayette, Lincoln, Little River, Logan, Miller, Montgomery, Nevada, Ouachita, Pike, Polk, Scott, Sevier and Union
|
FY |
NO. LOANS |
DOLLAR AMOUNT |
MEAN LOAN AMT. |
MEDIAN LOAN AMT. |
|
2006 |
96 |
$5,762,773.00 |
$60,028.89 |
$59,529.00 |
|
2005 |
72 |
$4,347,123.00 |
$60,376.71 |
$58,007.00 |
Loans by Originator
|
Originator / Branch |
FY |
No. Loans |
Dollar Amount |
|
Arvest Mortgage Company, Lowell, AR |
2006 |
4 |
$250,451.00 |
|
2005 |
2 |
$119,462.00 |
|
|
Bank of Dardanelle, Russellville, AR |
2006 |
0 |
$0.00 |
|
2005 |
1 |
$66,800.00 |
|
|
Countrywide Home Loans, Inc., North Little Rock, AR |
2006 |
0 |
$0.00 |
|
2005 |
1 |
$59,033.00 |
|
|
Elk Horn Bank Trust, Arkadelphia, AR |
2006 |
3 |
$237,500.00 |
|
2005 |
0 |
$0.00 |
|
|
First Arkansas Valley Bank, Russellville, AR |
2006 |
1 |
$62,500.00 |
|
2005 |
0 |
$0.00 |
|
|
First National Bank, Paris, AR |
2006 |
22 |
$1,321,095.00 |
|
2005 |
23 |
$1,279,400.00 |
|
|
First Western Mortgage, Inc., Booneville, AR |
2006 |
2 |
$113,650.00 |
|
2005 |
4 |
$161,450.00 |
|
|
Metropolitan National Bank, Little Rock, AR |
2006 |
0 |
$0.00 |
|
2005 |
2 |
$136,986.00 |
|
|
Moore Mortgage, Little Rock, AR |
2006 |
2 |
$77,199.00 |
|
2005 |
0 |
$0.00 |
|
|
Moore Mortgage, Lowell, AR |
2006 |
0 |
$0.00 |
|
2005 |
1 |
$57,596.00 |
|
|
Priority Bank, Ozark, AR |
2006 |
0 |
$0.00 |
|
2005 |
1 |
$78,000.00 |
|
|
Pulaski Mortgage Company, Bryant, AR |
2006 |
0 |
$0.00 |
|
2005 |
1 |
$77,900.00 |
|
|
Pulaski Mortgage Company, Little Rock, AR |
2006 |
5 |
$338,252.00 |
|
2005 |
2 |
$127,889.00 |
|
|
Regions Mortgage, Inc., Benton, AR |
2006 |
0 |
$0.00 |
|
2005 |
1 |
$71,872.00 |
|
|
Simmons First, Fort Smith, AR |
2006 |
1 |
$88,200.00 |
|
2005 |
0 |
$0.00 |
|
|
Simmons First National Bank, Pine Bluff, AR |
2006 |
55 |
$3,221,376.00 |
|
2005 |
32 |
$2,049,736.00 |
|
|
Summit Bank, Inc., Benton, AR |
2006 |
1 |
$52,550.00 |
|
2005 |
1 |
$61,000.00 |
|
New or Existing |
FY |
No. Loans |
Dollar Amount |
|
Existing Construction |
2006 |
93 |
$5,543,183.00 |
|
2005 |
71 |
$4,311,040.00 |
|
|
New or Proposed Construction |
2006 |
3 |
$219,590.00 |
|
2005 |
1 |
$36,083.00 |
Loans by Loan Type
|
Loan Type |
FY |
No. Loans |
Dollar Amount |
|
FHA |
2006 |
72 |
$4,207,216.00 |
|
2005 |
52 |
$3,203,928.00 |
|
|
VA |
2006 |
4 |
$287,167.00 |
|
2005 |
0 |
$0.00 |
|
|
Conventional |
2006 |
7 |
$506,840.00 |
|
2005 |
2 |
$127,775.00 |
|
|
Rural Development |
2006 |
13 |
$761,550.00 |
|
2005 |
18 |
$1,015,420.00 |
Demographics
|
Ethnicity |
FY |
No. Loans |
Dollar Amount |
Percent |
|
Non-Minorities |
2006 |
57 |
$3,516,609.00 |
59.4% |
|
2005 |
50 |
$2,957,196.00 |
69.4% |
|
|
Minorities |
2006 |
39 |
$2,246,164.00 |
40.6% |
|
2005 |
21 |
$1,330,894.00 |
29.2% |
|
|
Unknown |
2006 |
0 |
$0.00 |
0.0% |
|
2005 |
1 |
$59,033.00 |
1.4% |
|
Ethnicity |
FY |
Mean Income |
Median Income |
|
Non-Minorities |
2006 |
$33,219.83 |
$32,896.92 |
|
2005 |
$33,169.64 |
$31,788.00 |
|
|
Minorities |
2006 |
$34,005.68 |
$34,842.24 |
|
2005 |
$35,399.78 |
$34,248.00 |
|
|
Unknown |
2006 |
$0.00 |
$0.00 |
|
2005 |
$42,012.00 |
$42,012.00 |
|
Gender-Head of Hshld |
FY |
No. |
Pct. |
|
Males |
2006 |
45 |
46.9% |
|
2005 |
45 |
62.5% |
|
|
Females |
2006 |
51 |
53.1% |
|
2005 |
27 |
37.5% |
|
FY 2006 |
Average Age of Head of Household: |
|
33.3 |
|
FY 2005 |
|
35.1 |
|
FY 2006 |
Average Household Size: |
|
2.5 |
|
FY 2005 |
|
2.3 |
|
|
|
|
|
|
|
FY 2006 |
Loan Cancellation Rate: |
|
16.5% |
|
FY 2005 |
|
8.8% |
|
FY |
NO. LOANS |
DOLLAR AMOUNT |
MEAN LOAN AMT. |
% OF H2O LOANS |
|
2006 |
62 |
$170,339.00 |
$2,747.40 |
64.6% |
|
2005 |
45 |
$125,335.00 |
$2,785.22 |
62.5% |
Loans by Homebuyer Counselor
|
Counselor |
FY |
No. Loans |
Dollar Amount |
|
Argenta Neighborworks Homeownership Center, North Little Rock, AR |
2006 |
0 |
$0.00 |
|
2005 |
2 |
$6,000.00 |
|
|
Community Resource Technicians, Little Rock, AR |
2006 |
0 |
$0.00 |
|
2005 |
2 |
$4,347.00 |
|
|
Crawford Sebastian CDC, Fort Smith, AR |
2006 |
12 |
$35,275.00 |
|
2005 |
5 |
$13,695.00 |
|
|
Dream Makers Housing Counseling Agency, Pine Bluff, AR |
2006 |
35 |
$93,965.00 |
|
2005 |
30 |
$83,880.00 |
|
|
Family Service Agency, Little Rock, AR |
2006 |
0 |
$0.00 |
|
2005 |
1 |
$3,000.00 |
|
|
In Affordable Housing, Inc., Little Rock, AR |
2006 |
2 |
$6,000.00 |
|
2005 |
4 |
$11,413.00 |
|
|
Mississippi County EOC, Blytheville, AR |
2006 |
0 |
$0.00 |
|
2005 |
1 |
$3,000.00 |
|
|
South Arkansas CDC |
2006 |
1 |
$3,000.00 |
|
2005 |
0 |
$0.00 |
|
|
Universal Housing Development Corporation, Russellville, AR |
2006 |
1 |
$3,000.00 |
|
2005 |
0 |
$0.00 |
|
|
Unknown |
2006 |
11 |
$29,099.00 |
|
2005 |
0 |
$0.00 |
|
New or Existing |
FY |
No. Loans |
Dollar Amount |
|
Existing Construction |
2006 |
62 |
$170,339.00 |
|
2005 |
43 |
$119,740.00 |
|
|
New or Proposed Construction |
2006 |
0 |
$0.00 |
|
2005 |
2 |
$5,595.00 |
Demographics
|
Ethnicity |
FY |
No. Loans |
Dollar Amount |
Pct |
|
Non-Minorities |
2006 |
34 |
$96,320.00 |
54.8% |
|
2005 |
22 |
$65,745.00 |
48.9% |
|
|
Minorities |
2006 |
28 |
$74,019.00 |
45.2% |
|
2005 |
20 |
$50,997.00 |
44.4% |
|
|
Unknown |
2006 |
0 |
$0.00 |
0.0% |
|
2005 |
3 |
$8,593.00 |
6.7% |
|
FY 2006 |
Loan Cancellation Rate: |
|
16.2% |
|
FY 2005 |
|
1.8% |
|
FY |
NO. LOANS |
DOLLAR AMOUNT |
MEAN LOAN AMT. |
% OF H2O LOANS |
|
2006 |
7 |
$22,053.00 |
$3,150.43 |
7.3% |
|
2005 |
0 |
$0.00 |
$0.00 |
0.0% |
Loans by Homebuyer Counselor
|
Counselor |
FY |
No. Loans |
Dollar Amount |
|
Dream Makers Housing Counseling Agency, Pine Bluff, AR |
2006 |
6 |
$17,053.00 |
|
2005 |
0 |
$0.00 |
|
|
South Arkansas CDC |
2006 |
1 |
$5,000.00 |
|
2005 |
0 |
$0.00 |
|
New or Existing |
FY |
No. Loans |
Dollar Amount |
|
Existing Construction |
2006 |
7 |
$22,053.00 |
|
2005 |
0 |
$0.00 |
|
|
New or Proposed Construction |
2006 |
0 |
$0.00 |
|
2005 |
0 |
$0.00 |
Demographics
|
Ethnicity |
FY |
No. Loans |
Dollar Amount |
Pct |
|
Non-Minorities |
2006 |
2 |
$6,565.00 |
28.6% |
|
2005 |
0 |
$0.00 |
0.0% |
|
|
Minorities |
2006 |
5 |
$15,488.00 |
71.4% |
|
2005 |
0 |
$0.00 |
0.0% |
|
FY 2006 |
Loan Cancellation Rate: |
|
36.4% |
|
FY 2005 |
|
100.0% |
|
TOTAL HOMEOWNERSHIP FY 2006: |
$5,955,165.00 |
|
Total Homeownership FY 2005: |
$4,472,458.00 |
|
Growth 05 to 06: |
+24.9% |
HOME Allocations / Board Approvals
|
|
FY |
No. Units |
HOME Funds |
|
Rental New Construction |
2006 |
20 |
$700,000.00 |
|
2005 |
20 |
$800,000.00 |
|
|
Rental Rehab |
2006 |
0 |
$0.00 |
|
2005 |
0 |
$0.00 |
|
|
Homeowner New Construction |
2006 |
0 |
$0.00 |
|
2005 |
5 |
$440,000.00 |
|
|
Homeowner Rehab or Mortgage Subsidy |
2006 |
47 |
$3,045,959.25 |
|
2005 |
67 |
$2,997,273.00 |
|
|
Tenant Based Rental Assistance |
2006 |
160 |
$569,879.00 |
|
2005 |
66 |
$230,384.00 |
|
|
Acq / Rehab |
2006 |
27 |
$1,015,384.00 |
|
2005 |
24 |
$800,000.00 |
|
|
TOTAL |
2006 |
254 |
$5,331,222.25 |
|
2005 |
182 |
$5,267,657.00 |
|
|
Average Amount per Unit |
2006 |
|
$20,989.06 |
|
2005 |
|
$28,943.17 |
Low-Income Housing Tax Credits / Board Approvals
|
|
FY |
No. Units |
Federal LIHTC |
State LIHTC |
Total Funds |
Average Per Unit |
|
Total |
2006 |
197 |
$1,660,168.00 |
$22,187.00 |
$1,682,355.00 |
$8,539.87 |
|
2005 |
272 |
$1,544,399.00 |
$80,000.00 |
$1,624,399.00 |
$5,972.06 |
Multifamily Housing Bonds
|
|
FY |
No. Units |
Dollar Amount |
Average per Unit |
|
Total |
2006 |
0 |
$0.00 |
$0.00 |
|
2005 |
0 |
$0.00 |
$0.00 |
|
TOTAL HOUSING PRODUCTION FY 2006: |
$6,740,227.25 |
|
Total Housing Production FY 2005: |
$6,892,056.00 |
|
Growth 05 to 06: |
-2.2% |
|
Program |
FY |
No. Projects |
Project Amount |
Average Project Amount |
|
ADFA Bond Guaranty |
2006 |
2 |
$8,212,500.00 |
$4,106,250.00 |
|
2005 |
1 |
$3,470,000.00 |
$3,470,000.00 |
|
|
ADED/Other Bond Guaranty |
2006 |
2 |
$8,212,500.00 |
$4,106,250.00 |
|
2005 |
1 |
$3,470,000.00 |
$3,470,000.00 |
|
|
Higher Education Facilities |
2006 |
1 |
$800,000.00 |
$800,000.00 |
|
2005 |
1 |
$445,000.00 |
$445,000.00 |
|
|
Wastewater Revolving Loan |
2006 |
4 |
$15,000,000.00 |
$3,750,000.00 |
|
2005 |
0 |
$0.00 |
$0.00 |
|
|
Safe Drinking Water Revolving Loan |
2006 |
0 |
$0.00 |
$0.00 |
|
2005 |
2 |
$12,450,000.00 |
$6,225,000.00 |
|
|
Bond Guaranty Reserve Fund |
2006 |
0 |
$0.00 |
$0.00 |
|
2005 |
1 |
$140,000.00 |
$140,000.00 |
|
|
Capital Access Program |
2006 |
0 |
$0.00 |
$0.00 |
|
2005 |
5 |
$537,321.00 |
$107,464.20 |
|
|
State Facilities Financing |
2006 |
1 |
$40,110,000.00 |
$40,110,000.00 |
|
2005 |
2 |
$82,650,000.00 |
$41,325,000.00 |
|
|
Interim Loans with other Agencies |
2006 |
0 |
$0.00 |
$0.00 |
|
2005 |
1 |
$6,425,000.00 |
$6,425,000.00 |
|
|
Special Projects Fund |
2006 |
0 |
$0.00 |
$0.00 |
|
2005 |
6 |
$14,377,500.00 |
$2,396,250.00 |
|
|
Taxable Industrial Revenue Bonds |
2006 |
0 |
$0.00 |
$0.00 |
|
2005 |
0 |
$0.00 |
$0.00 |
|
TOTAL DEV. FINANCE FY 2006: |
$72,335,000.00 |
|
Total DEV. FINANCE FY 2005: |
$123,964,821.00 |
|
Growth 05 to 06: |
-41.7% |
$85,030,392.25
$135,329,335.00
-37.2%
