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
Participating Lenders in Area:
Commercial Bank and Trust, Monticello, (870) 367-6221
Heartland Community Bank, Monticello, (870) 367-5334
Union Bank and Trust, Monticello, (870) 460-6400; www.unionbnk.com
|
Period |
No. Loans |
Dollar Amount |
Average Loan Amt. |
|
FY2002 |
2 |
$118,473.00 |
$59,236.50 |
|
Period |
No. Loans |
Dollar Amount |
Average Loan Amt. |
|
FY2003 |
1 |
$55,450.00 |
$55,450.00 |
|
|
|
|
|
|
|
Non-Minorities |
Minorities |
Total |
Ethnicity |
100.0% |
0.0% |
100.0% |
|
Average Income |
$39,192.00 |
$0.00 |
$39,192.00 |
|
Period |
No. Loans |
Dollar Amount |
Average Loan Amt. |
|
FY2002 |
0 |
$0.00 |
$0.00 |
|
% of H2O Loans |
0.0% |
|
|
|
Period |
No. Loans |
Dollar Amount |
Average Loan Amt. |
|
FY2003 |
0 |
$0.00 |
$0.00 |
|
% of H2O Loans |
0.0% |
|
|
|
|
|
|
|
|
|
Non-Minorities |
Minorities |
Total |
Ethnicity |
0.0% |
0.0% |
0.0% |
|
Average Income |
$0.00 |
$0.00 |
$0.00 |
TOTAL HOMEOWNERSHIP FY 2002: $118,473.00
TOTAL HOMEOWNERSHIP FY 2003: $ 55,450.00
(See Congressional District 4 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 |
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 |
5 |
$0.00 |
$0.00 |
$226,777.00 |
$226,777.00 |
|
Tenant Based Rental Assistance |
0 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
TOTAL |
5 |
$0.00 |
$0.00 |
$226,777.00 |
$226,777.00 |
|
Average Amount per Unit |
|
$45,355.40 |
|||
|
|
HOME Investment Loans |
Multifamily Refunding |
|
No. Loans |
3 |
0 |
|
Total Dollar Amount: |
$750,000.00 |
$0.00 |
|
Average Dollar Amt. |
$250,000.00 |
$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 |
4 |
0 |
|
Total Dollar Amount: |
$94,200.00 |
$0.00 |
|
Average Dollar Amt. |
$23,550.00 |
$0.00 |
TOTAL HOUSING PRODUCTION FY 2002: $976,777.00
TOTAL HOUSING PRODUCTION FY 2003: $ 94,200.00
FY 2002 Activity
|
Program |
No. Projects |
Project Amount |
Average Project Amount |
ADFA Bond Guaranty |
0 |
$0.00 |
$0.00 |
|
AEDC/Other Bond Guaranty |
1 |
$1,500,000.00 |
$1,500,000.00 |
|
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 |
$3,367,500.00 |
$3,367,500.00 |
N/A |
N/A |
|
AEDC/Other Bond Guaranty |
1 |
$3,367,500.00 |
$3,367,500.00 |
240 R* |
N/A |
|
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 |
1 |
$600,000.00 |
$600,000.00 |
N/A |
N/A |
|
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% |
R* = Jobs Retained
TOTAL DEVELOPMENT FINANCE FY 2002: $1,500,000.00
TOTAL DEVELOPMENT FINANCE FY 2003: $7,335,000.00
$2,595,250.00
Distribution of these total funds:
4.6% Homeownership
37.6% Housing Production
57.8% Development Finance
$7,484,650.00
Distribution of these total funds:
0.7% Homeownership
1.3% Housing Production
98.0% Development Finance