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ANNUAL REPORT OF PROGRAM ACTIVITY

Fiscal Year 2001

 

CROSS 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:

Cross County Bank, Wynne, (870) 238-8171; www.crosscountybank.com

First National Bank of Eastern Arkansas, Wynne, (870) 238-8131;

            www.fnbealinc.com

First National Bank, Wynne, (870) 238-2361; www.fnbwynne.com

Pulaski Mortgage Company, (870) 630-0266; www.pulaskimortgage.com

Regions Mortgage, Inc., Jonesboro-(870) 974-5305; Little Rock-(501) 221-9364

          www.regions.com

 

          FY 2001 Activity

                    No. of Loans:                                                                          8

                    Total Dollar Amount:                                                    $466,821

                    Average Loan Amount:                                                $  58,353

 

Down Payment Assistance Program (See Congressional District 1 Page for listing of Homebuyer Counselors in the area)

 

          FY 2001 Activity

                    No. of Loans:                                                                      2

                    Total Dollar Amount:                                                    $4,934

                    Average Dollar Amount:                                               $2,467

 

  

HOUSING PRODUCTION

(See Congressional District 1 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

16

$0

$0

$300,000

$300,000

 

 

 

 

 

 

Rental Rehab

0

$0

$0

$0

$0

 

 

 

 

 

 

Homeowner New Construction

0

$0

$0

$0

$0

 

 

 

 

 

 

Homeowner Rehab

0

$0

$0

$0

$0

 

 

 

 

 

 

Tenant Based Rental Assistance

 

0

 

$0

 

$0

 

$0

 

$0

 

 

 

 

 

 

Total

16

$0

$0

$300,000

$300,000

 

 

 

 

 

 

Average Amount per Unit

 

 

 

 

$18,750

 

 

 

 

 

 

 

Home Investment Loans Originated by ADFA

          No. of Loans:                                                                           0

          Total Dollar Amount:                                                               $0

          Average Dollar Amount:                                                          $0

 

     

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

0

$0

$0

 

 

 

 

AEDC/Other Bond Guaranty

0

$0

$0

 

 

 

 

Higher Education Facilities

0

$0

$0

 

 

 

 

Wastewater Revolving Loan

1

$5,000,000

$5,000,000

 

 

 

 

Safe Drinking Water Revolving Loan

0

$0

$0

 

 

 

 

Business Life Program

0

$0

$0

 

 

 

 

ADFA-Originated Loans

1

$234,000

$234,000

 

 

 

 

Bond Guaranty Reserve Fund

0

$0

$0

 

 

 

 

Capital Access Program

1

$150

$150

 

 

 

 

Disadvantaged Business Enterprise

0

$0

$0

 

 

 

 

TOTAL

3

$5,234,150

$1,744,717

 

 

TOTAL FUNDS FOR COUNTY IN FY 2001

 

$6,005,905

Back to Congressional District 1 Back to Statewide Statistics