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:
Bank of America, Hot Springs-(501) 321-8288; www.bankofamerica.com
Bank of America, Little Rock-(501) 219-4520; www.bankofamerica.com
Bank of Arkansas Mortgage Company, Fayetteville-(501) 973-2660;
www.bankofarkansas.com
Bank of Arkansas Mortgage Company, Rogers; (501) 636-0901;
www.bankofarkansas.com
Firstar Home Mortgage, Bryant; (501) 847-3246
Firstar Bank, N.A., Little Rock-(501) 221-2163; www.firstar.com
Firstar Bank, N.A., North Little Rock-(501) 688-1381; www.firstar.com
Gateway Mortgage Corporation, Benton, (501) 778-2100
Heartland Community Bank, Bryant; (501) 847-7982
Malvern National Bank, Benton, (501) 778-5000; www.onemoneyplace.com
Malvern National Bank, Bryant, (501) 653-0433; www.onemoneyplace.com
Metropolitan National Bank, (501) 978-7650; www.metbank.com
Pulaski Mortgage Company, (501) 661-7889; www.pulaskimortgage.com
Regions Bank, Benton, (501) 315-0823; www.regions.com
Regions Mortgage, Inc., Bryant, (501) 847-4544; www.regions.com
Summit Bank, Inc., Benton; (501) 776-9700
Superior Federal Bank, Hot Springs-(501) 620-4585, www.superiorfederal.com
Superior Federal Bank, Little Rock-(501) 324-7482; www.superiorfederal.com
The Carroll Mortgage Group, Inc., (501) 228-9797; www.carrollmortgage.com
Union Bank of Benton, (501) 303-5526; www.unionbancshares.com
Union Bank of Benton, Bryant, (501) 847-5710; www.unionbancshares.com
U.S. Bank Home Mortgage, Bryant; (501) 847-3246
U.S. Bank Home Mortgage, Hot Springs Village; (501) 915-9133
|
Period |
No. Loans |
Dollar Amount |
Average Loan Amt. |
|
FY2002 |
64 |
$4,449,323.00 |
$69,520.67 |
|
|
|
|
|
|
Period |
No. Loans |
Dollar Amount |
Average Loan Amt. |
|
FY2003 |
29 |
$2,054,972.00 |
$70,861.10 |
|
|
|
|
|
|
|
Non-Minorities |
Minorities |
Total |
Ethnicity |
86.2% |
13.8% |
100.0% |
|
Average Income |
$39,513.47 |
$33,601.56 |
$38,698.03 |
|
Period |
No. Loans |
Dollar Amount |
Average Loan Amt. |
|
FY2002 |
34 |
$80,762.65 |
$2,375.37 |
|
% of H2O Loans |
53.1% |
|
|
|
|
|
|
|
|
Period |
No. Loans |
Dollar Amount |
Average Loan Amt. |
|
FY2003 |
26 |
$69,854.00 |
$2,686.69 |
|
% of H2O Loans |
89.7% |
|
|
|
|
|
|
|
|
|
Non-Minorities |
Minorities |
Total |
Ethnicity |
84.6% |
15.4% |
100.0% |
|
Average Income |
$38,339.21 |
$33,601.56 |
$37,610.34 |
TOTAL HOMEOWNERSHIP FY 2002: $4,530,085.65
TOTAL HOMEOWNERSHIP FY 2003: $2,124,826.00
(See Congressional District 2 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 |
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 |
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: $0.00
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 2003 Activity
|
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 |
0 |
$0.00 |
$0.00 |
0 |
0.0% |
|
Conduits |
0 |
$0.00 |
$0.00 |
0 |
0.0% |
TOTAL DEVELOPMENT FINANCE FY 2002: $0.00
TOTAL DEVELOPMENT FINANCE FY 2003: $0.00
$4,530,085.65
Distribution of these total funds:
100.0% Homeownership
0.0% Housing Production
0.0% Development Finance
$2,124,826.00
Distribution of these total funds:
100.0% Homeownership
0.0% Housing Production
0.0% Development Finance