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ANNUAL REPORT OF PROGRAM ACTIVITY

Fiscal Year 2001

     

DREW 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:

Commercial Bank and Trust, Monticello, (870) 367-6221

Heartland Community Bank, Monticello, (870-367-5334

Union Bank and Trust, Monticello, (870) 460-6400; www.unionbnk.com

 

          FY 2001 Activity

                    No. of Loans:                                                                      3

                    Total Dollar Amount:                                                $152,300

                    Average Loan Amount:                                            $  50,767

 

Down Payment Assistance Program (See Congressional District 4 Page for listing of Homebuyer Counselors in the area)

 

          FY 2001 Activity

                    No. of Loans:                                                                 0

                    Total Dollar Amount:                                                     $0

                    Average Dollar Amount:                                                $0     

 

     

HOUSING PRODUCTION

(See Congressional District 4 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

64

$0

$325,763

$0

$325,763

 

 

 

 

 

 

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

64

$0

$325,763

$0

$325,763

 

 

 

 

 

 

Average Amount per Unit

 

 

 

 

$5,090

 

 

 

 

 

 

 

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

1

$770,000

$770,000

 

 

 

 

Wastewater Revolving Loan

0

$0

$0

 

 

 

 

Safe Drinking Water Revolving Loan

0

$0

$0

 

 

 

 

Business Life Program

0

$0

$0

 

 

 

 

ADFA-Originated Loans

2

$9,400,000

$4,700,000

 

 

 

 

Bond Guaranty Reserve Fund

0

$0

$0

 

 

 

 

Capital Access Program

0

$0

$0

 

 

 

 

Disadvantaged Business Enterprise

0

$0

$0

 

 

 

 

TOTAL

3

$10,170,000

$3,390,000

 

 

TOTAL FUNDS FOR COUNTY IN FY 2001

 

$10,648,063

Statewide Statistics / Back to Congressional District 4