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ANNUAL REPORT OF PROGRAM ACTIVITY

Fiscal Year 2001

     

HOT SPRING 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:

Malvern National Bank, (501) 332-6955; www.onemoneyplace.com

Norwest Mortgage, Inc., (501) 221-2132; www.norwest.com

Superior Federal Bank, (501) 620-4585; www.superiorfederal.com

The Carroll Mortgage Group, Inc., (501) 228-9797;

www.carrollmortgagegroup.com

 

          FY 2001 Activity

                    No. of Loans:                                                                      8

                    Total Dollar Amount:                                                $340,794

                    Average Loan Amount:                                           $   42,599

 

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

 

          FY 2001 Activity

                    No. of Loans:                                                                      7

                    Total Dollar Amount:                                                  $14,289

                    Average Dollar Amount:                                             $  2,041

 

     

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

0

$0

$0

$0

$0

 

 

 

 

 

 

Rental Rehab

44

$0

$121,267

$0

$121,267

 

 

 

 

 

 

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

44

$0

$121,267

$0

$121,267

 

 

 

 

 

 

Average Amount per Unit

 

 

 

 

$2,756

 

 

 

 

 

 

 

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

0

$0

$0

 

 

 

 

Safe Drinking Water Revolving Loan

1

$4,000,000

$4,000,000

 

 

 

 

Business Life Program

0

$0

$0

 

 

 

 

ADFA-Originated Loans

0

$0

$0

 

 

 

 

Bond Guaranty Reserve Fund

0

$0

$0

 

 

 

 

Capital Access Program

1

$750

$750

 

 

 

 

Disadvantaged Business Enterprise

0

$0

$0

 

 

 

 

TOTAL

2

$4,000,750

$2,000,375

 

 

TOTAL FUNDS FOR COUNTY IN FY 2001

 

$4,477,100

Statewide Statistics / Back to Congressional District 4