REPORT OF PROGRAM ACTIVITY
FISCAL YEAR 2008: July 1, 2007 June 30, 2008
1st Half of FY2008 = July 1, 2007 December 31, 2007
2nd Half of FY2008 = January 1, 2008 June 30, 2008
CHICOT
Countyin Congressional District
4HOMEOWNERSHIP
Home-to-Own (H2O)
General Statistics
|
Time Period |
No. Loans |
Dollar Amount |
Mean Loan Amount |
Median Loan Amount |
|
07/2007 12/2007 |
1 |
$30,069.00 |
$30,069.00 |
$30,069.00 |
|
01/2008 06/2008 |
1 |
$29,764.00 |
$29,764.00 |
$29,764.00 |
|
Total FY2008 |
2 |
$59,833.00 |
$29,916.50 |
$29,916.50 |
Loan Cancellation Rate
Total FY2008:|
07/2007 12/2007 |
1 (50.0%) |
|
01/2008 06/2008 |
1 (50.0%) |
|
FY2008 Total |
2 (50.0%) |
Loans by Originator / Branch
|
7/1/07 - 12/31/07 |
1/1/08 - 6/30/08 |
TOTAL FY 2008 |
||||
|
ORIGINATOR / BRANCH |
NO. LOANS |
DOLLAR AMOUNT |
NO. LOANS |
DOLLAR AMOUNT |
NO. LOANS |
DOLLAR AMOUNT |
|
Moore Mortgage, Little Rock, AR |
0 |
$0.00 |
1 |
$29,764.00 |
1 |
$29,764.00 |
|
Simmons First National Bank, Pine Bluff, AR |
1 |
$30,069.00 |
0 |
$0.00 |
1 |
$30,069.00 |
Loans by New / Existing
|
New / Existing |
Time Period |
No. Loans |
Dollar Amount |
|
Existing Construction |
07/2007 12/2007 |
1 |
$30,069.00 |
|
01/2008 06/2008 |
1 |
$29,764.00 |
|
|
Total FY2008 |
2 |
$59,833.00 |
|
|
New or Proposed Construction |
07/2007 12/2007 |
0 |
$0.00 |
|
01/2008 06/2008 |
0 |
$0.00 |
|
|
Total FY2008 |
0 |
$0.00 |
Loans by Loan Type
|
Loan Type |
Time Period |
No. Loans |
Dollar Amount |
|
FHA |
07/2007 12/2007 |
1 |
$30,069.00 |
|
01/2008 06/2008 |
1 |
$29,764.00 |
|
|
Total FY2008 |
2 |
$59,833.00 |
|
|
VA |
07/2007 12/2007 |
0 |
$0.00 |
|
01/2008 - 06/2008 |
0 |
$0.00 |
|
|
Total FY2008 |
0 |
$0.00 |
|
|
Conventional |
07/2007 12/2007 |
0 |
$0.00 |
|
01/2008 06/2008 |
0 |
$0.00 |
|
|
Total FY2008 |
0 |
$0.00 |
|
|
Rural Development |
07/2007 12/2007 |
0 |
$0.00 |
|
01/2008 06/2008 |
0 |
$0.00 |
|
|
Total FY2008 |
0 |
$0.00 |
Borrowers Profile
|
Ethnicity |
Time Period |
No. Loans |
Dollar Amount |
Percent |
Mean Income |
Median Income |
|
Non-Minority |
07/2007 12/2007 |
0 |
$0.00 |
0.0% |
$0.00 |
$0.00 |
|
01/2008 06/2008 |
1 |
$29,764.00 |
100.0% |
$33,960.00 |
$33,960.00 |
|
|
Total FY2008 |
1 |
$29,764.00 |
50.0% |
$33,960.00 |
$33,960.00 |
|
|
Minority |
07/2007 12/2007 |
1 |
$30,069.00 |
100.0% |
$37,284.12 |
$37,284.12 |
|
01/2008 06/2008 |
0 |
$0.00 |
0.0% |
$0.00 |
$0.00 |
|
|
Total FY2008 |
1 |
$30,069.00 |
50.0% |
$37,284.12 |
$37,284.12 |
|
Gender of Head of Household |
Time Period |
No. Loans |
Percent |
|
Male |
07/2007 12/2007 |
1 |
100.0% |
|
01/2008 06/2008 |
1 |
100.0% |
|
|
Total FY2008 |
2 |
100.0% |
|
|
Female |
07/2007 12/2007 |
0 |
0.0% |
|
01/2008 06/2008 |
0 |
0.0% |
|
|
Total FY2008 |
0 |
0.0% |
|
Age of Head of Household |
Time Period |
No. Loans |
Percent |
|
18 to 22 |
07/2007 12/2007 |
0 |
0.0% |
|
01/2008 06/2008 |
1 |
100.0% |
|
|
Total FY2008 |
1 |
50.0% |
|
|
23 to 30 |
07/2007 - 12/2007 |
0 |
0.0% |
|
01/2008 06/2008 |
0 |
0.0% |
|
|
Total FY2008 |
0 |
0.0% |
|
|
31 to 40 |
07/2007 12/2007 |
0 |
0.0% |
|
01/2008 06/2008 |
0 |
0.0% |
|
|
Total FY2008 |
0 |
0.0% |
|
|
41 to 50 |
07/2007 12/2007 |
0 |
0.0% |
|
01/2008 06/2008 |
0 |
0.0% |
|
|
Total FY2008 |
0 |
0.0% |
|
|
51 to 60 |
07/2007 12/2007 |
0 |
0.0% |
|
01/2008 06/2008 |
0 |
0.0% |
|
|
Total FY2008 |
0 |
0.0% |
|
|
61 to 70 |
07/2007 12/2007 |
1 |
100.0% |
|
01/2008 06/2008 |
0 |
0.0% |
|
|
Total FY2008 |
1 |
50.0% |
|
|
71+ |
07/2007 12/2007 |
0 |
0.0% |
|
01/2008 06/2008 |
0 |
0.0% |
|
|
Total FY2008 |
0 |
0.0% |
|
|
Average Age |
07/2007 12/2007 |
68.0 |
|
|
01/2008 06/2008 |
22.0 |
||
|
Total FY2008 |
45.0 |
|
Average Household Size |
07/2007 12/2007 |
3.0 |
|
01/2008 06/2008 |
1.0 |
|
|
Total FY2008 |
2.0 |
Down Payment Assistance Program (DPA)
General Statistics
|
Time Period |
No. Loans |
Dollar Amount |
Mean Loan Amount |
% of H2O Loans |
|
07/2007 12/2007 |
1 |
$2,800.00 |
$2,800.00 |
100.0% |
|
01/2008 06/2008 |
1 |
$5,170.00 |
$5,170.00 |
100.0% |
|
Total FY2008 |
2 |
$7,970.00 |
$3,985.00 |
100.0% |
Loans by Homebuyer Counselor
|
7/1/07 - 12/31/07 |
1/1/08 - 6/30/08 |
TOTAL FY 2008 |
||||
|
HOMEBUYER COUNSELOR |
NO. LOANS |
DOLLAR AMOUNT |
NO. LOANS |
DOLLAR AMOUNT |
NO. LOANS |
DOLLAR AMOUNT |
|
Chicot Housing Assistance Corp |
0 |
$0.00 |
1 |
$5,170.00 |
1 |
$5,170.00 |
|
Dream Makers |
1 |
$2,800.00 |
0 |
$0.00 |
1 |
$2,800.00 |
Loans by New / Existing
|
New / Existing |
Time Period |
No. Loans |
Dollar Amount |
|
Existing Construction |
07/2007 12/2007 |
1 |
$2,800.00 |
|
01/2008 06/2008 |
1 |
$5,710.00 |
|
|
Total FY2008 |
2 |
$7,970.00 |
|
|
New or Proposed Construction |
07/2007 12/2007 |
0 |
$0.00 |
|
01/2008 06/2008 |
0 |
$0.00 |
|
|
Total FY2008 |
0 |
$0.00 |
Borrowers Profile
|
Ethnicity |
Time Period |
No. Loans |
Dollar Amount |
Percent |
Mean Income |
Median Income |
|
Non-Minority |
07/2007 12/2007 |
0 |
$0.00 |
0.0% |
$0.00 |
$0.00 |
|
01/2008 06/2008 |
1 |
$5,170.00 |
100.0% |
$33,960.00 |
$33,960.00 |
|
|
Total FY2008 |
1 |
$5,170.00 |
50.0% |
$33,960.00 |
$33,960.00 |
|
|
Minority |
07/2007 12/2007 |
1 |
$2,800.00 |
100.0% |
$37,284.12 |
$37,284.12 |
|
01/2008 06/2008 |
0 |
$0.00 |
0.0% |
0.0% |
0.0% |
|
|
Total FY2008 |
1 |
$2,800.00 |
50.0% |
$37,284.12 |
$37,284.12 |
|
Gender of Head of Household |
Time Period |
No. Loans |
Percent |
|
Male |
07/2007 12/2007 |
1 |
100.0% |
|
01/2008 06/2008 |
1 |
100.0% |
|
|
Total FY2008 |
2 |
100.0% |
|
|
Female |
07/2007 12/2007 |
0 |
0.0% |
|
01/2008 06/2008 |
0 |
0.0% |
|
|
Total FY2008 |
0 |
0.0% |
|
Age of Head of Household |
Time Period |
No. Loans |
Percent |
|
18 to 22 |
07/2007 12/2007 |
0 |
0.0% |
|
01/2008 06/2008 |
1 |
100.0% |
|
|
Total FY2008 |
1 |
50.0% |
|
|
23 to 30 |
07/2007 12/2007 |
0 |
0.0% |
|
01/2008 06/2008 |
0 |
0.0% |
|
|
Total FY2008 |
0 |
0.0% |
|
|
31 to 40 |
07/2007 12/2007 |
0 |
0.0% |
|
01/2008 06/2008 |
0 |
0.0% |
|
|
Total FY2008 |
0 |
0.0% |
|
|
41 to 50 |
07/2007 12/2007 |
0 |
0.0% |
|
01/2008 06/2008 |
0 |
0.0% |
|
|
Total FY2008 |
0 |
0.0% |
|
|
51 to 60 |
07/2007 12/2007 |
0 |
0.0% |
|
01/2008 06/2008 |
0 |
0.0% |
|
|
Total FY2008 |
0 |
0.0% |
|
|
61 to 70 |
07/2007 12/2007 |
1 |
100.0% |
|
01/2008 06/2008 |
0 |
0.0% |
|
|
Total FY2008 |
1 |
50.0% |
|
|
71+ |
07/2007 12/2007 |
0 |
0.0% |
|
01/2008 06/2008 |
0 |
0.0% |
|
|
Total FY2008 |
0 |
0.0% |
|
|
Average Age |
07/2007 12/2007 |
68.0 |
|
|
01/2008 06/2008 |
22.0 |
||
|
Total FY2008 |
45.0 |
|
Average Household Size |
07/2007 12/2007 |
3.0 |
|
01/2008 06/2008 |
1.0 |
|
|
Total FY2008 |
2.0 |
American Dream Downpayment Initiative (ADDI) Program
General Statistics
|
Time Period |
No. Loans |
Dollar Amount |
Mean Loan Amount |
% of H2O Loans |
|
07/2007 12/2007 |
0 |
$0.00 |
$0.00 |
0.0% |
|
01/2008 06/2008 |
0 |
$0.00 |
$0.00 |
0.0% |
|
Total FY2008 |
0 |
$0.00 |
$0.00 |
0.0% |
|
TOTAL HOMEOWNERSHIP: |
|||
|
07/2007 12/2007 |
01/2008 06/2008 |
Total FY2008 |
|
|
$32,869.00 |
$34,934.00 |
$67,803.00 |
|
HOUSING PRODUCTION (HP)
Program Partners:
HOME Allocations / Board Approvals by Type
|
Type |
Time Period |
No. Units |
HOME Funds |
|
Acquisition Rehab |
07/2007 12/2007 |
0 |
$0.00 |
|
01/2008 06/2007 |
8 |
$300,010.00 |
|
|
Total FY2008 |
8 |
$300,010.00 |
|
|
Homeowner Acquisition |
07/2007 12/2007 |
0 |
$0.00 |
|
01/2008 06/2008 |
0 |
$0.00 |
|
|
Total FY2008 |
0 |
$0.00 |
|
|
Homeowner New Construction |
07/2007 12/2007 |
0 |
$0.00 |
|
01/2008 06/2008 |
5 |
$467,500.00 |
|
|
Total FY2008 |
5 |
$467,500.00 |
|
|
Homeowner Rehab or Mortgage Subsidy |
07/2007 12/2007 |
9 |
$367,333.00 |
|
01/2008 06/2008 |
8 |
$416,911.00 |
|
|
Total FY2008 |
17 |
$784,244.00 |
|
|
Rental New Construction |
07/2007 12/2007 |
0 |
$0.00 |
|
01/2008 06/2008 |
0 |
$0.00 |
|
|
Total FY2008 |
0 |
$0.00 |
|
|
Rental Rehab |
07/2007 12/2007 |
0 |
$0.00 |
|
01/2008 06/2008 |
0 |
$0.00 |
|
|
Total FY2008 |
0 |
$0.00 |
|
|
Tenant Based Rental Assistance |
07/2007 12/2007 |
0 |
$0.00 |
|
01/2008 06/2008 |
0 |
$0.00 |
|
|
Total FY2008 |
0 |
$0.00 |
|
|
Total |
07/2007 12/2007 |
9 |
$367,333.00 |
|
01/2008 06/2008 |
21 |
$1,184,421.00 |
|
|
Total FY2008 |
30 |
$1,551,754.00 |
|
|
Average Amount Per Unit |
07/2007 12/2007 |
$40,814.78 |
|
|
01/2008 6/2008 |
$56,401.00 |
||
|
Total FY2008 |
$51,725.13 |
Low Income Housing Tax Credits / Board Approvals (only one round per fiscal year)
|
No. Units |
Federal LIHTC |
State LIHTC |
Total LIHTC |
Average Per Unit |
|
24 |
$196,699.00 |
$0 |
$196,699.00 |
$8,195.79 |
Multifamily Housing Bonds
No Multifamily Housing Bond Activity FY2008
|
TOTAL HOUSING PRODUCTION: |
|||
|
07/2007 12/2007 |
01/2008 06/2008 |
Total FY2008 |
|
|
$367,333.00 |
$1,381,120.00 |
$1,748,453.00 |
|
DEVELOPMENT FINANCE
|
DEVELOPMENT FINANCE: |
|||
|
07/2007 12/2007 |
01/2008 06/2008 |
Total FY2008 |
|
|
$0.00 |
$0.00 |
$0.00 |
|
OTHER PROGRAM(S)
Rehab / Disability Loan Program
|
7/2007 - 12/2007 |
1/2008 - 6/2008 |
FY2008 TOTAL |
||||
|
No. Loans |
Dollar Amount |
No. Loans |
Dollar Amount |
No. Loans |
Dollar Amount |
Average Per Unit |
|
0 |
$0.00 |
0 |
$0.00 |
0 |
$0.00 |
$0.00 |
TOTAL FUNDS FOR
CHICOT
COUNTY|
07/2007 12/2007 |
01/2008 06/2008 |
Total FY2008 |
|
$400,202.00 |
$1,416,054.00 |
$1,816,256.00 |
Back to Congressional District 4 / Back to Statewide Statistics / Home Page