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Fiscal Year 2001
For Period July 1, 2000 – June 30, 2001
For information on ADFA bonds issued for Homeownership during the period, see Statewide section.
FY 2001 Activity
Total Dollar Amount: $40,403,667
Average Loan Amount: $ 59,769
Participating Homebuyer Counselors in Area:
Arkansas River Valley Area Council (ARVAC), Inc., Dardanelle, (501) 229-4861
Crawford-Sebastian Community Development Council, Fort Smith, (501) 785-2303
Family Service Agency, Springdale, (501) 751-4575
Universal Housing Development Corp, Russellville, (501) 968-5001
FY 2001 Activity
No. of Loans: 339
Total Dollar Amount: $877,063
Average Dollar Amount: $ 2,587
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 |
310 |
$0 |
$1,020,729 |
$1,400,000 |
$2,420,729 |
|
|
|
|
|
|
|
|
Rental Rehab |
64 |
$0 |
$101,284 |
$0 |
$101,284 |
|
|
|
|
|
|
|
|
Homeowner New Construction |
4 |
$0 |
$0 |
$300,000 |
$300,000 |
|
|
|
|
|
|
|
|
Homeowner Rehab |
6 |
$0 |
$0 |
$117,501 |
$117,501 |
|
|
|
|
|
|
|
|
Tenant Based Rental Assistance |
215 |
$0 |
$0 |
$624,795 |
$624,795 |
|
|
|
|
|
|
|
TOTAL |
599 |
$0 |
$1,122,013 |
$2,442,296 |
$3,564,309 |
|
|
|
|
|
|
|
|
Average Amount per Unit |
|
|
|
|
$5,950 |
Home Investment Loans Originated by ADFA
No. of Loans: 7
Total Dollar Amount: $1,547,983
Average Dollar Amount: $ 221,140
Affordable Housing Partners in the Area:
AFFHOUSE, LLC
Alma Properties, (501)
452.9950
Apartment House Builders, (501) 758-2405
Arrington Development LLC, (601) 856-3538
Atkins Terrace Limited Partnership
Barlee Properties, (501) 452-9550
Bellwood Four / Whistle Stop
Bentonville / Bella Vista Community Development Corporation, (501) 273-7862
Bentonville Housing Authority, (501) 273-1215
Chapel Ridge Limited Partnership
City of Springdale
Community Development Corporation (Benton County), (501) 273-7862
Jim Petty, ERC
Development Group, (501) 452-9950
First Ozark Housing Development Corporation, (501) 524-8117
Forrest D. Nye, (573) 756-8013
Harrison Housing Authority
Leisure Homes Corporation, (870) 424-7460
Lindsey Management, (501) 521-6686
Lifestyles, Inc.
Northwest Regional Housing Development Corporation, (870) 741-5522
Osage Terrace LP, (501) 273-7344
Ozark Properties III, LP, (501) 452-9950
Parkwood Limited Partnership
Phillips Companies, (501) 666-9629
Property Management Corp, (870) 425-6076
River Valley Apartments
Ross Phillips, (501) 221-2643
Seaside Development Corporation
Siloam Springs Housing Authority, (501) 524-8117
Simpson Housing Solutions
Supplemental Resources, Inc., (870) 741-5405
TG 101, Inc.
Thomas Terrell, (501) 271-0126
Tom Moore, (501) 783-3385
Universal Housing
Wallington Development
Wedington Place Senior Apartments, Limited Partnership
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 |
2 |
$3,280,000 |
$1,640,000 |
|
|
|
|
|
|
AEDC/Other Bond Guaranty |
0 |
$0 |
$0 |
|
|
|
|
|
|
Higher Education Facilities |
0 |
$0 |
$0 |
|
|
|
|
|
|
Wastewater Revolving Loan |
1 |
$5,500,000 |
$5,500,000 |
|
|
|
|
|
|
Safe Drinking Water Revolving Loan |
0 |
$0 |
$0 |
|
|
|
|
|
|
Business Life Program |
0 |
$0 |
$0 |
|
|
|
|
|
|
ADFA-Originated Loans |
4 |
$781,306 |
$195,327 |
|
|
|
|
|
|
Bond Guaranty Reserve Fund |
1 |
$20,963 |
$20,963 |
|
|
|
|
|
|
Capital Access Program |
0 |
$0 |
$0 |
|
|
|
|
|
|
Disadvantaged Business Enterprise |
0 |
$0 |
$0 |
|
|
|
|
|
|
TOTAL |
8 |
$9,582,269 |
$1,197,784 |