Fiscal Year 2002: 7/1/01 – 6/30/02
&
Fiscal Year 2003: 7/1/02 – 6/30/03
See “Statewide” Section for list of FY 2003 Bond Issuance
Current Participating Lenders in Area:
Countrywide Home Loans, Little Rock, (501) 225-3100, www.countrywide.com/
DeWitt Bank and Trust, (870) 946-3531, www.dewittbank.com/
Metropolitan National Bank, Little Rock; (501) 978-7650, www.metbank.com/
|
Period |
No. Loans |
Dollar Amount |
Average Loan Amt. |
|
FY2002 |
1 |
$49,500.00 |
$49,500.00 |
|
|
|
|
|
|
Period |
No. Loans |
Dollar Amount |
Average Loan Amt. |
|
FY2003 |
3 |
$147,189.00 |
$49,063.00 |
|
|
|
|
|
|
|
Non-Minorities |
Minorities |
Total |
Ethnicity |
66.7% |
33.3% |
100.0% |
|
Average Income |
$40,300.32 |
$41,448.00 |
$40,682.88 |
|
Period |
No. Loans |
Dollar Amount |
Average Loan Amt. |
|
FY2002 |
1 |
$3,000.00 |
$3,000.00 |
|
% of H2O Loans |
100.0% |
|
|
|
Period |
No. Loans |
Dollar Amount |
Average Loan Amt. |
|
FY2003 |
3 |
$7,165.00 |
$2,388.33 |
|
% of H2O Loans |
100.0% |
|
|
|
|
|
|
|
|
|
Non-Minorities |
Minorities |
Total |
Ethnicity |
66.7% |
33.3% |
100.0% |
|
Average Income |
$40,300.32 |
$41,448.00 |
$40,682.88 |
TOTAL HOMEOWNERSHIP FY 2002: $ 52,500.00
TOTAL HOMEOWNERSHIP FY 2003: $154,354.00
(See Congressional District 1 Page for listing of Affordable Housing Partners)
FY 2002 Activity
|
|
No. Units |
Tax-Exempt Bonds |
Low Income Hsng Tax Credits |
HOME Funds |
Total |
|
Rental New Construction |
20 |
$0.00 |
$48,161.00 |
$0.00 |
$48,161.00 |
|
Rental Rehab |
0 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
|
Homeowner New Construction |
0 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
|
Homeowner Rehab |
0 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
|
Tenant Based Rental Assistance |
0 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
|
Total |
20 |
$0.00 |
$48,161.00 |
$0.00 |
$48,161.00 |
|
Average Amount per Unit |
|
$2,408.05 |
|||
|
|
HOME Investment Loans |
Multifamily Refunding |
|
No. Loans |
0 |
0 |
|
Total Dollar Amount: |
$0.00 |
$0.00 |
|
Average Dollar Amt. |
$0.00 |
$0.00 |
FY 2003 Activity
|
|
No. Units |
Tax-Exempt Bonds |
Low Income Hsng Tax Credits |
HOME Funds |
Total |
|
Rental New Construction |
0 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
|
Rental Rehab |
0 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
|
Homeowner New Construction |
0 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
|
Homeowner Rehab |
0 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
|
Tenant Based Rental Assistance |
0 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
|
Total |
0 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
|
Average Amount per Unit |
|
$0.00 |
|||
|
|
HOME Investment Loans |
Multifamily Refunding |
|
No. Loans |
0 |
0 |
|
Total Dollar Amount: |
$0.00 |
$0.00 |
|
Average Dollar Amt. |
$0.00 |
$0.00 |
TOTAL HOUSING PRODUCTION FY 2002: $48,161.00
TOTAL HOUSING PRODUCTION FY 2003: $ 0.00
FY 2002 Activity
|
Program |
No. Projects |
Project Amount |
Average Project Amount |
ADFA Bond Guaranty |
1 |
$265,000.00 |
$265,000.00 |
|
AEDC/Other Bond Guaranty |
0 |
$0.00 |
$0.00 |
|
Higher Education Facilities |
0 |
$0.00 |
$0.00 |
|
Wastewater Revolving Loan |
0 |
$0.00 |
$0.00 |
|
Safe Drinking Water Revolving Loan |
0 |
$0.00 |
$0.00 |
|
Business Life Program |
0 |
$0.00 |
$0.00 |
|
ADFA-Originated Loans |
0 |
$0.00 |
$0.00 |
|
Bond Guaranty Reserve Fund |
0 |
$0.00 |
$0.00 |
|
Capital Access Program |
0 |
$0.00 |
$0.00 |
|
Disadvantaged Business Enterprise |
0 |
$0.00 |
$0.00 |
|
Beginning Farmer |
0 |
$0.00 |
$0.00 |
|
Governmental |
0 |
$0.00 |
$0.00 |
|
Conduits |
0 |
$0.00 |
$0.00 |
FY 2003 Activity
|
Program |
No. Projects |
Project Amount |
Average Project Amount |
No. Jobs Projected |
Pct Minority Loans |
ADFA Bond Guaranty |
1 |
$2,130,000.00 |
$2,130,000.00 |
20 |
0.0% |
|
AEDC/Other Bond Guaranty |
0 |
$0.00 |
$0.00 |
0 |
0.0% |
|
Higher Education Facilities |
0 |
$0.00 |
$0.00 |
0 |
0.0% |
|
Wastewater Revolving Loan |
0 |
$0.00 |
$0.00 |
0 |
0.0% |
|
Safe Drinking Water Revolving Loan |
0 |
$0.00 |
$0.00 |
0 |
0.0% |
|
Business Life Program |
0 |
$0.00 |
$0.00 |
0 |
0.0% |
|
ADFA-Originated Loans |
0 |
$0.00 |
$0.00 |
0 |
0.0% |
|
Bond Guaranty Reserve Fund |
0 |
$0.00 |
$0.00 |
0 |
0.0% |
|
Capital Access Program |
0 |
$0.00 |
$0.00 |
0 |
0.0% |
|
Disadvantaged Business Enterprise |
0 |
$0.00 |
$0.00 |
0 |
0.0% |
|
Beginning Farmer |
0 |
$0.00 |
$0.00 |
0 |
0.0% |
|
Governmental |
0 |
$0.00 |
$0.00 |
0 |
0.0% |
|
Conduits |
0 |
$0.00 |
$0.00 |
0 |
0.0% |
TOTAL FUNDS FOR ARKANSAS COUNTY IN FY 2002
$365,661.00
Distribution of these total funds:
14.3% Homeownership
13.2% Housing Production
72.5% Development Finance
TOTAL FUNDS FOR ARKANSAS COUNTY IN FY 2003
$2,284,354.00
Distribution of these total funds:
6.8% Homeownership
0.0% Housing Production
93.2% Development Finance
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