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ANNUAL REPORT OF PROGRAM ACTIVITY

FISCAL YEAR 2004:  July 1, 2003 – June 30, 2004

 

See “Statewide” Section for list of FY 2004 Bond Issuances

 

LINCOLN COUNTY

Part of Congressional District 4

 

HOMEOWNERSHIP

 

HOME-TO-OWN PROGRAM

 

Current Participating Lenders Located in County

None

 

Loan Statistics

                       

NO. LOANS

DOLLAR AMOUNT

MEAN LOAN AMT.

MEDIAN LOAN AMT.

0

$0.00

$0.00

$0.00

           

Loans by Originator

 

Originator / Branch

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%

 

Ethnicity

Mean Income

Median Income

Non-Minorities

$0.00

$0.00

Minorities

$0.00

$0.00

 


 

 

Average Household Size:

0.0

 

 

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:                       $0.00

 

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

DCP Development, Dumas, AR (Developer & General Partner)

            870.382.5141

Pine Grove LLC (HOME Program)

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

Projects)                                           

1.800.255.7549

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

 

Program Statistics

 

HOME Allocations / Board Approvals FY 2004

 

 

No. Units

 

HOME Funds

Rental New Construction

0

$0.00

Rental Rehab

11

$260,000.00

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

11

$260,000.00

Average Amount per Unit

 

$23,636.36

 

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

24

$0.00

$88,988.00

$260,000.00

$348,988.00

TOTAL

24

$0.00

$88,988.00

$260,000.00

$348,988.00

Average Amount per Unit

 

 

 

 

 

$14,541.17

 


 

 

 

TOTAL HOUSING PRODUCTION FY 2004:                   $348,988.00

 

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 LINCOLN COUNTY FY 2004

$348,988.00

 

Distribution of these total funds

 

Homeownership

$0.00

Housing Production

$348,988.00

Development Finance

$0.00

 

Statewide Statistics / Congressional District 4