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ANNUAL REPORT OF PROGRAM ACTIVITY

Fiscal Year 2001

     

CONWAY COUNTY

For Period July 1, 2000 – June 30, 2001

 

  

HOMEOWNERSHIP

For information on ADFA bonds issued for Homeownership during the period, see Statewide section.

 

Home-To-Own

 

Participating Lenders in Area:

1st Community Bank, Conway, (501) 450-9800

First Arkansas Mortgage, Jacksonville, (501) 771-4488

Regions Mortgage, Inc., (501) 371-7000; www.regions.com

River Valley Bank, Russellville, (501) 498-2260

 

          FY 2001 Activity

                    No. of Loans:                                                                        16

                    Total Dollar Amount:                                                    $832,463

                    Average Loan Amount:                                                $  52,029

 

Down Payment Assistance Program (See Congressional District 2 Page for listing of Homebuyer Counselors in the area)

 

          FY 2001 Activity

                    No. of Loans:                                                                         8

                    Total Dollar Amount:                                                     $18,132

                    Average Dollar Amount:                                                $  2,267

 

     

HOUSING PRODUCTION

(See Congressional District 2 Page for listing of Affordable Housing Partners)

For information on ADFA bonds issued for Housing Production during the period, see Statewide section.

 

          FY 2001 Activity

 

 

No. Units

 

Tax-Exempt Bonds

Low Income Hsng Tax Credits

 

HOME Funds

 

Total

 

 

 

 

 

 

Rental New Construction

0

$0

$0

$0

$0

 

 

 

 

 

 

Rental Rehab

0

$0

$0

$0

$0

 

 

 

 

 

 

Homeowner New Construction

0

$0

$0

$0

$0

 

 

 

 

 

 

Homeowner Rehab

6

$0

$0

$201,028

$201,028

 

 

 

 

 

 

Tenant Based Rental Assistance

 

0

 

$0

 

$0

 

$0

 

$0

 

 

 

 

 

 

Total

6

$0

$0

$201,028

$201,028

 

 

 

 

 

 

Average Amount per Unit

 

 

 

 

$33,505

 

Home Investment Loans Originated by ADFA

          No. of Loans:                                                                                   1

          Total Dollar Amount:                                                               $35,000

          Average Dollar Amount:                                                          $35,000

 

     

DEVELOPMENT FINANCE

For information on ADFA bonds issued for Development Finance during the period, see Statewide section.

 

          FY 2001 Activity

                       

 

Program

No. Projects

Project Amount

Average Project Amount

 

 

 

 

ADFA Bond Guaranty

1

$665,000

$665,000

 

 

 

 

AEDC/Other Bond Guaranty

0

$0

$0

 

 

 

 

Higher Education Facilities

0

$0

$0

 

 

 

 

Wastewater Revolving Loan

0

$0

$0

 

 

 

 

Safe Drinking Water Revolving Loan

0

$0

$0

 

 

 

 

Business Life Program

0

$0

$0

 

 

 

 

ADFA-Originated Loans

0

$0

$0

 

 

 

 

Bond Guaranty Reserve Fund

0

$0

$0

 

 

 

 

Capital Access Program

0

$0

$0

 

 

 

 

Disadvantaged Business Enterprise

0

$0

$0

 

 

 

 

TOTAL

1

$665,000

$665,000

 

 

TOTAL FUNDS FOR COUNTY IN FY 2001

 

$1,751,623

Back to Congressional District 2 / Back to Statewide Statistics