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:
Norwest Mortgage, Inc., Little Rock-(501) 221-2132; www.norwest.com
Norwest Mortgage, Inc., North Little Rock; (501) 812-4207; www.norwest.com
|
Period |
No. Loans |
Dollar Amount |
Average Loan Amt. |
|
FY2002 |
5 |
$269,459.00 |
$53,891.80 |
|
|
|
|
|
|
Period |
No. Loans |
Dollar Amount |
Average Loan Amt. |
|
FY2003 |
2 |
$83,750.00 |
$41,875.00 |
|
|
|
|
|
|
|
Non-Minorities |
Minorities |
Total |
Ethnicity |
0.0% |
100.0% |
100.0% |
|
Average Income |
$0.00 |
$25,302.00 |
$25,302.00 |
|
Period |
No. Loans |
Dollar Amount |
Average Loan Amt. |
|
FY2002 |
2 |
$6,000.00 |
$3,000.00 |
|
% of H2O Loans |
40.0% |
|
|
|
Period |
No. Loans |
Dollar Amount |
Average Loan Amt. |
|
FY2003 |
1 |
$1,700.00 |
$1,700.00 |
|
% of H2O Loans |
50.0% |
|
|
|
|
|
|
|
|
|
Non-Minorities |
Minorities |
Total |
Ethnicity |
0.0% |
100.0% |
100.0% |
|
Average Income |
$0.00 |
$26,208.00 |
$26,208.00 |
TOTAL HOMEOWNERSHIP
FY 2002: $275,459.00
TOTAL
HOMEOWNERSHIP FY 2003: $ 85,450.00
(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 |
16 |
$0.00 |
$41,980.00 |
$0.00 |
$41,980.00 |
|
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 |
16 |
$0.00 |
$41,980.00 |
$0.00 |
$41,980.00 |
|
Average Amount per Unit |
|
$2,623.75 |
|||
|
|
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: $41,980.00
TOTAL HOUSING PRODUCTION FY 2003: $ 0.00
FY 2002 Activity
|
Program |
No. Projects |
Project Amount |
Average Project Amount |
ADFA Bond Guaranty |
0 |
$0.00 |
$0.00 |
|
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 2003Activity
|
Program |
No. Projects |
Project Amount |
Average Project Amount |
No. Jobs Projected |
Pct Minority Loans |
ADFA Bond Guaranty |
0 |
$0.00 |
$0.00 |
0 |
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 |
1/4th |
$3,246,250.00 |
$3,246,250.00 |
0 |
0.0% |
|
Conduits |
0 |
$0.00 |
$0.00 |
0 |
0.0% |
TOTAL
DEVELOPMENT FINANCE FY 2002: $ 0.00
TOTAL
DEVELOPMENT FINANCE FY 2003: $3,246,250.00
$317,439.00
Distribution of these total funds:
86.8% Homeownership
13.2% Housing Production
0.0% Development Finance
$3,331,700.00
Distribution of these total funds:
2.6% Homeownership
0.0% Housing Production
97.4% Development Finance