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ARKANSAS COUNTY

Part of Congressional District 1

 

HOMEOWNERSHIP

 

HOME-TO-OWN PROGRAM

 

Current Participating Lenders Located in County

Farmers & Merchants Bank, Stuttgart, AR                            870.673.6911

            www.fmbarkansas.com

 

Loan Statistics

                       

NO. LOANS

DOLLAR AMOUNT

MEAN LOAN AMT.

MEDIAN LOAN AMT.

1

$65,000.00

$65,000.00

$65,000.00

                       

Loans by Originator

 

Originator / Branch

No. Loans

Dollar Amount

Community Home Lenders, Inc., Cabot, AR

1

$65,000.00

Countrywide Home Loans, Inc., North Little Rock, AR

 

0

 

$0.00

Community First Bank, Harrison, AR

0

$0.00

 

Loans by New or Existing

                                               

New or Existing

No. Loans

Dollar Amount

Existing Construction

1

$65,000.00

New or Proposed Construction

0

$0.00

  

Demographics

 

Ethnicity

No. Loans

Dollar Amount

Percent

Non-Minorities

1

$65,000.00

100.0%

Minorities

0

$0.00

0.0%

 

Ethnicity

Mean Income

Median Income

Non-Minorities

$27,420.00

$27,420.00

Minorities

$0.00

$0.00

                                               

Average Household Size:

2.0

 

 

Loan Cancellation Rate:

0.0%

 

 

 

           

DOWN PAYMENT ASSISTANCE PROGRAM

 

Current Participating Homebuyer Counselors Located in County

None

 

Loan Statistics

                       

NO. LOANS

DOLLAR AMOUNT

MEAN LOAN AMT.

% of H2O (1ST) LOANS

0

$0.00

$0.00

0.0%

           

Loans by Homebuyer Counselor

 

Counselor

No. Loans

Dollar Amount

None

0

$0.00

 

Loans by New or Existing

                                               

New or Existing

No. Loans

Dollar Amount

Existing Construction

0

$0.00

New or Proposed Construction

0

$0.00

 

Demographics

 

Ethnicity

No. Loans

Dollar Amount

Percent

Non-Minorities

0

$0.00

0.0%

Minorities

0

$0.00

0.0%

 

Loan Cancellation Rate:

0.0%

 

 

 

TOTAL HOMEOWNERSHIP FY 2004:             $65,000.00

 

Total Economic Impact

Local Jobs Supported:                                                     0

Local Business Owner’s Income:                                               $0.00

Local Wages & Salaries:                                                     $0.00

Local Government Revenue:                                            $0.00

 

TOTAL MONETARY IMPACT:                                            $0.00

 

 

HOUSING PRODUCTION

 

Affordable Housing Partners Serving County

Spa Area Independent Living Services (SAILS) (HOME Program-Statewide

Projects)

1.800.255.7549

www.myceon.com/training.com/heroes.pdf

Sunbelt Development Corporation, Little Rock, AR  (General Partner)

            501.227.7730

Sunbelt Housing Corporation, Little Rock, AR  (Developer)

            501.227.7730

 

Program Statistics

 

HOME Allocations / Board Approvals FY 2004

 

 

No. Units

 

HOME Funds

Rental New Construction

0

$0.00

Rental Rehab

0

$0.00

Homeowner New Construction

0

$0.00

Homeowner Rehab or Mortgage Subsidy

0

$0.00

Tenant Based Rental Assistance

0

$0.00

Acq / Rehab

0

$0.00

TOTAL

0

$0.00

Average Amount per Unit

 

$0.00

 

Disbursements of FY04’s & Previous Years’ HOME Allocations/Approvals and FY2004 Low-Income Tax Credits

 

 

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 or Mortgage Subsidy

 

 

 

0

 

 

 

$0.00

 

 

 

$0.00

 

 

 

$0.00

 

 

 

$0.00

Tenant Based Rental Assistance

 

 

0

 

 

$0.00

 

 

$0.00

 

 

$0.00

 

 

$0.00

Acq / Rehab

40

$0.00

$129,605.00

$0.00

$129,605.00

TOTAL

40

$0.00

$129,605.00

$0.00

$129,605.00

Average Amount per Unit

 

 

 

 

 

$3,240.13

 

 

TOTAL HOUSING PRODUCTION FY 2004:                   $129,605.00

 

Total Economic Impact

Local Jobs Supported:                                                                 0

Local Business Owner’s Income:                                                    $0.00

Local Wages & Salaries:                                                                 $0.00

Local Government Revenue:                                                            $0.00

 

TOTAL MONETARY IMPACT:                                                        $0.00

 

 

DEVELOPMENT FINANCE

 

Capital Access Program-Participating Lenders

None


 

 

Program Statistics

 

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

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 Conduits

0

$0.00

$0.00

Special Projects Fund

0

$0.00

$0.00

 

 

TOTAL DEVELOPMENT FINANCE FY 2004:             $0.00

 

 

TOTAL FUNDS FOR ARKANSAS COUNTY FY 2004

$194,605.00

 

            Distribution of these total funds

Homeownership

$65,000.00

Housing Production

$129,605.00

Development Finance

$0.00


Statewide Statistics / Congressional District 1